The U.S. House Select Committee on China is warning Canada that it should reconsider opening its auto industry to Beijing and risking thousands of jobs, ahead of the upcoming renewal negotiations for the United States-Mexico-Canada Agreement (USMCA).
By opening its market to Chinese electric vehicles (EVs), Canada risks distorting its auto industry by giving “Beijing a foothold in the North American auto market, threatening thousands of jobs and undermining a century of integrated automotive leadership,” the committee said in a Jan. 16 post on X.
