The Canadian government imposes a 100% tariff on imports of Electric vehicles made in China which corresponds to US tariffs.
Prime Minister Justin Trudeau also announced on Monday that there could be a 25 percent tariff on Chinese steel and aluminum.
“Actors like China have chosen to gain an unfair advantage in the global market,” Trudeau said at a cupboard meeting in Halifax, Nova Scotia.
Trudeau’s government began 30-day consultation on the difficulty earlier this summer to counter Deputy Prime Minister Chrystia Freeland’s statement that this was a transparent attempt by Chinese firms to create a worldwide oversupply.
Canada’s move comes weeks after each the United States and the European Commission announced plans to impose higher import tariffs on Chinese electric vehicles.
U.S. national security adviser Jake Sullivan called on Canada to do the identical during a gathering with Trudeau and a cupboard minister at a cupboard meeting in Halifax, Nova Scotia, on Sunday.
Currently, the one Chinese-made electric vehicles imported into Canada are from Tesla and are manufactured at the corporate’s Shanghai factory. No Chinese-branded electric vehicles are currently sold or imported.
Freeland said Canada will act in concert with its allies within the United States and the European Union because North America has an integrated auto industry. Freeland said her government will ensure Canada doesn’t grow to be a dumping ground for Chinese oversupply.
US President Joe Biden said Chinese government subsidies for electric vehicles and other consumer goods be certain that Chinese firms do not need to make a profit, giving them an unfair advantage in global trade.
Chinese firms can Sell electric vehicles for as little as $12,000China’s solar cell factories, steel and aluminum plants have enough capability to fulfill much of world demand. Chinese politicians argue that their production keeps prices low and would facilitate a transition to a green economy.
