The announcement brings Canada in line with recent U.S. trade policy changes, where the Biden administration had announced a hike in tariffs in May.
Speaking at the Liberal cabinet retreat, Trudeau said, “Shortly, we will be introducing a 100 per cent tariff on Chinese-made electric vehicles and a 25 per cent tariff on Chinese steel and aluminum.”The announcement brings Canada in line with recent U.S. trade policy changes. President Joe Biden announced in mid-May that he was hiking tariffs on Chinese EVs from 25 per cent to 100 per cent this year though there is only one Chinese EV currently available in the U.S.
In June, Finance Minister Chrystia Freeland told reporters that the federal government was concerned by “unfair” Chinese trade practices in the electric vehicle manufacturing sector. Freeland announced the While Trudeau did not elaborate further, Freeland in her June announcement had indicated what the restrictions being considered might look like.For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen.
“The potential policy actions we are consulting on include a surtax on imports of Chinese EVs under Section 53 of the Customs Tariff Act, changes to which cars are eligible for the existing federal incentives for Zero Emissions Vehicle Program, and potentially broader investment restrictions in Canada,” Freeland said at the time.Jasper wildfire: Future of town could look very different, mayor says
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