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Canada’s 100% tariff on China-made EVs only hits Tesla for now

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The Canadian government imposes a 100% tariff on imports of electric cars made in china Which complies with US tariffs.

Prime Minister Justin Trudeau also announced Monday that 25% tariffs would be imposed on Chinese steel and aluminum.

“Actors like China have chosen to give themselves an unfair advantage in the global marketplace,” Trudeau said at a ministerial meeting in Halifax, Nova Scotia.

The Trudeau government has begun 30 day consultation The summit discussed the issue earlier this summer to counter what Deputy Prime Minister Chrystia Freeland described as a clear effort by Chinese companies to create a global supply surplus.

The Canadian move comes weeks after the United States and the European Commission announced plans to impose higher tariffs on Chinese electric vehicle imports.

U.S. National Security Adviser Jake Sullivan encouraged Canada to do the same during a meeting with Trudeau and a minister in his government at a cabinet meeting in Halifax, Nova Scotia, on Sunday.

Currently, the only Chinese electric cars imported into Canada are those made by Tesla at the company’s Shanghai plant. No Chinese electric cars are currently being sold or imported.

Freeland said Canada would act in coordination with its allies in the United States and the European Union because North America has a fully integrated auto sector. Freeland said her government would ensure that Canada does not become a breeding ground for excess Chinese supplies.

US President Joe Biden said that Chinese government subsidies for electric cars and other consumer goods ensure that Chinese companies do not have to make profits, giving them an unfair advantage in global trade.

Chinese companies can Electric cars sell for at least $12,000China’s solar cell, steel and aluminum plants have enough capacity to meet most global demand, and Chinese officials claim their output keeps prices down and will help the transition to a green economy.

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