@frank.zhang50: today in wealth 20250912 Canada plans to cancel the 100% tariffs on Chinese electric vehicles, which could boost sales for makers like NIO, LI Auto, and BYD. The move comes as EV sales slow in Canada and amid trade fights with the U.S., with polls showing 62% of people support lower duties. Cheap models like BYD's Seagull, priced at about C$13,800 without tariffs, could compete with pricier options like Tesla's, starting at C$45,000. China hit back last year with tariffs on Canadian canola, hurting farmers and pushing Ottawa to ease tensions.

Frank Zhang

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Region: CA

Friday 12 September 2025 19:18:21 GMT