Canada slams China with 100% tariff on electric vehicles, 25% for some metals
The federal government is imposing tariffs on Chinese-made electric vehicles as well as aluminum and steel from China in an effort to protect domestic manufacturing.
Prime Minister Justin Trudeau announced in Halifax on Monday that Canada will impose a 100-per-cent tariff on electric vehicles, along with 25 per cent tariffs on aluminum and steel.
Chinese brands are not a major player in Canada’s EV market right now but imports from China have exploded in the last year as Tesla switched from U.S. factories for its Canadian sales to its manufacturing plant in Shanghai.
U.S. President Joe Biden quadrupled the U.S. import tariff on Chinese-made EVs to 100 per cent in May, citing unfair subsidies from the Chinese government to Chinese EV makers.