Over the weekend, former U.S. President Donald Trump threatened to
impose 100 per cent tariffs on Canadian goods if Canada moves ahead with a
trade deal with China. This comes as Ottawa has signalled a preliminary
agreement that would ease tariffs on Chinese electric vehicles in exchange
for China lowering duties on Canadian agricultural products — a move that
could reshape Canada’s auto and EV market.
With that added uncertainty, there are new questions about what this means
for vehicle pricing, availability, and consumer confidence. AutoTrader’s
Vice-President of Insights and Intelligence, Baris Akyurek, helps break down
what this could mean for Canadian car buyers and the market overall.