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Canada's Carney to discuss EV manufacturing during China visit next week

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Canada's Carney to discuss EV manufacturing during China visit next week

Canadian Prime Minister Mark Carney said he will discuss electric vehicle (EV) manufacturing with Chinese president Xi Jinping during a visit to China next week, but downplayed expectations of Chinese cars entering production in Canada soon.

Speaking at the European Political Community summit in Dublin on Thursday, Carney said the scale of Chinese investment in Canada's auto industry depends on several factors and will be among the topics discussed, Bloomberg reported on November 12.

Carney plans to meet with Xi on November 17 after arriving in Shenzhen for the Asia-Pacific Economic Cooperation (APEC) leaders' summit. He previously said they would discuss ways to expand bilateral trade ties.

He also said discussions about Chinese EVs are relevant to Canada's ongoing talks with the US, without elaborating, according to Bloomberg.

Canada is seeking new investment for its struggling auto industry. The sector has long been geared toward exports to the US and now faces pressure from tariffs imposed by US president Donald Trump.

During Carney's visit to Beijing in January, the countries reached a trade agreement under which China lowered tariffs on some Canadian agricultural products in exchange for Canada establishing a low-tariff import quota for China-made EVs.

The agreement allows up to 49,000 China-made EVs to enter Canada over 12 months at a tariff rate of 6.1%. Vehicles exceeding the quota remain subject to an additional 100% surtax.

The agreement also set a goal of attracting substantial new Chinese joint-venture investment in Canadian auto manufacturing within 3 years. The arrangement drew criticism from US administration officials, including Trump himself.


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