Carney Defends China EV Deal to Trump
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In a tense but pivotal moment at the G7 summit, Prime Minister Mark Carney defended Canada’s controversial EV deal with China to President Trump, arguing it’s a capped, small-market concession—less than 3%—that could actually appeal to Trump’s protectionist instincts. Signed in January, the deal slashes Chinese EV tariffs from 100% to 6.1%, unlocking cheaper cars for Canadians while securing lower tariffs on Canadian canola and seafood. Yet critics warn of risks to domestic auto jobs and ethical concerns like forced labor. As Canada prepares to renew CUSMA, Trade Minister Dominic LeBlanc and Chief Negotiator Janice Charette are set to meet U.S. counterparts to push for bilateral deals that could extend the trilateral trade framework—making this summit a high-stakes test for Canada’s trade future.
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