In a move that signals shifting trade dynamics, Canada has stepped away from lockstep alignment with the US, announcing Friday that it will slash its 100% tariff on Chinese electric vehicles. The deal? Lower tariffs on Canadian agricultural exports in return. Prime Minister Mark Carney confirmed the development, marking a notable pivot in North American trade policy. The move reflects mounting pressure on Ottawa to find bilateral solutions rather than staying tethered to broader North American trade tensions. For market observers, this signals something important: major economies are increasingly pursuing tailored trade arrangements instead of monolithic blocs. Whether this becomes a template for broader negotiations or remains an isolated case remains to be seen—but it's worth watching how this ripples through global supply chains and investor sentiment.