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Stock impact report

Canada and China agree tariff rollback on EVs [Yahoo! Finance]

Ford Motor Company (F) 
Last ford motor company earnings: 4/28 04:09 pm Check Earnings Report
US:NYSE Investor Relations: shareholder.ford.com
Company Research Source: Yahoo! Finance
Canada will allow up to 49,000 Chinese electric vehicles annually at a most-favoured-nation tariff rate of 6.1%. It replaces the 100% duty imposed under former prime minister Justin Trudeau in 2024 following similar US actions. China exported 41,678 EVs to Canada in 2023. In return, Beijing has agreed to lower tariffs on several Canadian agri-food products. China had imposed duties in March on more than $2.6bn worth of Canadian agricultural and food exports, including canola oil and meal, and later extended additional tariffs to canola seed in August in retaliation for Canada's EV levies. These measures were linked to a 10.4% decline in China's imports of Canadian goods in 2025. Canadian Prime Minister Mark Carney said the EV quota and tariff adjustment form part of the broader agreement aimed at easing bilateral trade barriers. In a separate statement, electric vehicle manufacturer Lotus Technology said Canada's revised EV tariff framework would support its expansion p Show less Read more
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