HALIFAX — China slammed Canada's decision to impose a 100 per cent import tariff on Chinese electric vehicles Tuesday, accusing it of politicizing trade and vowing to retaliate.
HALIFAX — China slammed Canada's decision to impose a 100 per cent import tariff on Chinese electric vehicles Tuesday, accusing it of politicizing trade and vowing to retaliate.
"This typical protectionist move disrupts China-Canada trade relations, harms the interests of Canadian companies and consumers, and does little good to Canada’s green transition process and global effort for climate response," Lin Jiang said.Canada says it has evidence proving China unfairly subsidizes its EV industry and overproduces vehicles to flood the market with cheaper cars that pose unfair competition.
Canada has also invested massively in the EV industry, with $53 billion in production subsidies and capital investments promised by the federal, Ontario and Quebec governments in 13 new auto and battery plants. He said Canada must"respect facts" and"correct this wrong decision at once," and that China will take all measures necessary to safeguard the legitimate rights and interests of Chinese enterprises.
Canada is also launching consultations to consider adding tariffs to electric vehicle batteries, battery parts, critical minerals, solar cells and semiconductors.Flavio Volpe, president of the Automotive Parts Manufacturers' Association, said he has been lobbying Canada and the U.S. for the tariffs for almost a year.China is the world's biggest EV manufacturer, accounting for nearly 60 per cent of total global production.
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