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Trump approves of Canada's Chinese EV import deal, Carney reveals

Former US President Donald Trump expressed approval for Canada's agreement to cap Chinese electric vehicle imports at a low tariff rate, according to Canadian Prime Minister Mark Carney. Carney revealed this during a conversation caught on a hot mic at the G7 summit, where he explained the deal's structure to Trump. The arrangement permits up to 49,000 Chinese EVs annually with a 6% tariff, a significant reduction from previous over 100% tariffs. AI

RANK_REASON The item reports on a statement made by Mark Carney about Donald Trump's opinion on a trade policy, rather than a direct policy announcement or action.

Read on SCMP — Tech →

AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

Trump approves of Canada's Chinese EV import deal, Carney reveals

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The item reports on a statement made by Mark Carney about Donald Trump's opinion on a trade policy, rather than a direct policy announcement or action.
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COVERAGE [1]

  1. SCMP — Tech TIER_1 English(EN) · Bloomberg ·

    Trump likes Canada’s Chinese EV deal, Carney says after chat caught on hot mic

    US President Donald Trump is happy with Canada’s arrangement to allow a capped number of Chinese electric vehicles to be imported at a low-tariff rate, Prime Minister Mark Carney said. When asked about Carney’s comment, Trump did not express explicit approval, but said he could u…