12:34:31 EDT Thu 18 Jun 2026
Enter Symbol
or Name
USA
CA



Honda CDR (CAD Hedged)
Symbol HNDA
Shares Issued 70,000
Close 2026-06-17 C$ 10.07
Market Cap C$ 704,900
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FP/wire say Ford hears Trump likes Canada's EV deal

2026-06-18 08:25 ET - In the News

See In the News (C-F) Ford CDR (CAD Hedged)

The Financial Post reports in its Thursday edition that United States President Donald Trump is happy with Canada's arrangement to allow a capped number of Chinese electric vehicles to be imported at a low-tariff rate, Prime Minister Mark Carney said. A Bloomberg dispatch to the Post reports that the deal, unveiled during Mr. Carney's trip to Beijing in January, allows as many as 49,000 Chinese EVs in a 12-month period at a tariff rate of around 6 per cent, with that quota to climb gradually over time. Prior to this year, Canada had a tariff of more than 100 per cent on those vehicles. "He likes the structure, actually, Mr. Carney told reporters at the Group of Seven leaders summit in Evian, France, on Wednesday. "We had a follow-up conversation." A hot mic captured Mr. Carney talking to Mr. Trump on Tuesday about the China deal and explaining how it capped the number of imported cars. "I thought you'd actually like that," Mr. Carney was heard saying. Mr. Trump appeared to agree, saying "that's good." Asked Wednesday about the interaction, Mr. Carney said the topic came up because Mr. Trump inquired about it. Mr. Carney said the two had conversations throughout the summit on a "wide range of subjects."

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