Archive · 18 Jan 2026
Canada and China Strike EV, Canola Deal
Canada and China made a new trade deal.
Canada will let in more electric cars from China with lower taxes.
China will also lower taxes on Canadian canola and other foods.
This is to make trade easier between the two countries.
Some people in Canada, like Premier Doug Ford, are not happy because they think it might hurt Canadian businesses.
The U.S. has different rules and some officials are worried, but President Trump supports the deal.
The deal might help Canadian farmers and businesses sell more to China.
It's a big step in making Canada and China better trade partners.
Canada and China struck a trade deal to slash tariffs on electric vehicles and canola.
Canada will allow up to 49,000 Chinese electric vehicles with a 6.1% tariff, increasing to 70,000 in five years.
China expects to lower tariffs on Canadian canola seed to about 15% by March 1.
Some Canadian officials, like Premier Doug Ford, criticize the deal for potentially harming Canadian businesses.
U.S. President Donald Trump supports the deal, while some U.S. officials express concerns.
- Who
- Canadian Prime Minister Mark Carney and Chinese President Xi Jinping
- What
- Canada and China struck a trade deal to slash tariffs on electric vehicles and canola
- When
- Friday
- Where
- Beijing, China
- Why
- To rebuild ties and tear down trade barriers
- Canadian Prime Minister
- Mark Carney
- Chinese President
- Xi Jinping
- EV Tariff
- 6.1%
- EV Quota
- 49,000 initially, increasing to 70,000 in five years
- Canola Tariff
- Expected to drop to 15% by March 1
- US President
- Donald Trump
- Ontario Premier
- Doug Ford
- China's EV Exports to Canada in 2023
- 41,678
Sources
Trump officials warn that Canada will regret EV deal with China, blocking vehicles from entering US
Canada cuts Chinese EV tariffs, secures lower canola tariffs in historic trade deal
Canada Slashes EV, Canola Tariffs In Reset Of Ties For China
