Overview
- Multiple outlets report the government is considering scrapping the tariff, though no decision or agreement has been announced.
- Prime Minister Mark Carney says he expects a brief, corridor-style conversation with President Xi Jinping during the APEC summit in South Korea this week.
- President Donald Trump recently said he shut down trade talks with Canada, intensifying pressure on Ottawa to diversify economic options.
- China continues to impose steep barriers on Canadian canola and pork and has linked those measures to Canada’s EV tariff, prompting western premiers to urge a policy reversal.
- Unconfirmed reports suggest a possible swap that would ease Chinese restrictions on Canadian farm goods if Canada drops the EV tariff, and analysts say a rollback could reopen access to Shanghai-built Teslas and other Chinese EVs.