https://www.taxtmi.com/news?id=68561 Canada will not pursue a free trade agreement with China and instead implemented targeted tariff adjustments to address recent retaliatory measures, notably rescinding a 100% tariff on Chinese electric vehicles in exchange for a managed import regime (initial cap of 49,000 EVs at a 6.1% tariff rising over five years) and negotiated lower tariffs on certain Canadian agricultural exports; these steps were portrayed as corrective actions consistent with commitments under the regional trade agreement that limit pursuing FTAs with non-market economies without prior notification. en-us Mon, 26 Jan 2026 00:46:03 +0530 Mon, 26 Jan 2026 00:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=68561 Canada will not pursue a free trade agreement with China and instead implemented targeted tariff adjustments to address recent retaliatory measures, notably rescinding a 100% tariff on Chinese electric vehicles in exchange for a managed import regime (initial cap of 49,000 EVs at a 6.1% tariff rising over five years) and negotiated lower tariffs on certain Canadian agricultural exports; these steps were portrayed as corrective actions consistent with commitments under the regional trade agreement that limit pursuing FTAs with non-market economies without prior notification. News - Mon, 26 Jan 2026 00:46:03 +0530 https://www.taxtmi.com/news?id=68561