Reports Indicate Canada Is Poised To Lift Tariffs On Evs From China

2025-10-31 02:03:59

(MENAFN- Investor Brand Network) Canada has initiated a formal review of its 100% tariff on electric vehicles imported from China, with speculation mounting that the measure could be eliminated as Prime Minister Mark Carney prepares to meet Chinese President Xi Jinping at the Asia-Pacific Economic Cooperation summit. The reassessment represents a potential departure from Washington's trade stance and could reshape North American automotive competition.

Players in the North American auto industry, such as Massimo Group (NASDAQ: MAMO), will be following how the talks between Canada and...

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