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USTR Greer says Canada's decision to allow 49k Chinese EVs is 'problematic', according to an interview on CNBC

Newsquawk Staff ·

USTR Greer says Canada's decision to allow 49k Chinese EVs is 'problematic', according to an interview on CNBC.

What it means

The USTR's comments on Canada's decision to permit 49,000 Chinese EVs underscore rising tensions in US-China trade relations. This situation may signal a potential escalation in tariffs or restrictions as the US seeks to protect its domestic industries, which could affect markets related to EV production and international trade. As this unfolds, keep an eye on sectors impacted by trade policies and the broader sentiment in risk assets.

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