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Canada has agreed to drastically reduce its tariffs on imported Chinese EVs from 100 percent to 6.1 percent as part of a new deal between the two countries. In return, China will be reducing tariffs on Canadian canola seeds from 84 percent to about 15 percent.
The move is a break from the United States, which maintains a 100 percent tariff on EVs from China, effectively banning them in the country. Mexico currently tariffs the vehicles at 50 percent after increasing its rate last year.
Under the agreement, which Canadian Prime Minister Mark Carney called "preliminary," Canada will allow up to 49,000 Chinese EVs into the country, with that number rising to 70,000 after five years. Until now the three major North American trading partners had been aligned in trying to protect their domestic electric vehicle manufacturing. Chinese EV companies benefit from state subsidies, and as such can often be priced at a far better value than domestic alternatives.
"Our relationship has progressed in recent months with China. It is more predictable and you see results coming from that," Carney said to reporters. A warmer relationship may be forming in response to the Trump administration's
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One way to read more in the new year is to incorporate audiobooks as part of your reading habit. Audible is having a sale right now that makes that easier and cheaper to do: you can get three months of access for only $1 per month, or a total of $3. The promotion runs through January 21.
An Audible subscription grants one audiobook per month to keep. This can be selected from a massive catalog of new releases and bestsellers. The collection here has just about everything.
However, it's easy to plow through a single book in a month. Users also get streaming access to thousands of curated titles. Think of it l
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