Canada on Monday said it is imposing a 100% tariff on China-made EV imports, as well as a 25% tariff on steel and aluminium imports from China.
Canada on Monday said would impose 100% import tariffs on China-made electric vehicles, as well as a 25% tariff on steel and aluminum imports from China.
Canada's Prime Minister Justin Trudeau speaks during a press conference following a cabinet shuffle, at Rideau Hall, in Ottawa, Ontario, Canada, July 26, 2023.Canada said on Monday it would impose 100% import tariffs on China-made electric vehicles, following in the footsteps of the U.S. and the European Union in slapping taxes over concerns related to unfair subsidies.The country will also put a 25% tariff on China-made steel and aluminum imports, effective Oct. 15.
Canada said the new measures seek to "level the playing field for Canadian workers" and allow Canada's EV, steel and aluminum producers to compete domestically and globally. "I would like to emphasize that the rapid development of China's EV industry is a result of persistent technological innovation, well-established industrial and supply chains, and full market competition," the spokesperson said, adding that China's EV industry doesn't rely on government subsidies.
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