The North American automotive landscape is cloaked in strategic uncertainty. In a move that has captured international attention, Canada recently announced a dramatic, one-time reduction of tariffs on Chinese electric vehicles to 6.1%—a full 100% cut—while setting an initial import cap of 49,000 vehicles per year, gradually rising to 70,000 over five years.
Canada cuts tariffs on Chinese EVs, shaking the North American auto market
24
Jan