Canada’s government on Monday announced it is imposing a 100% tariff on imports of Chinese-made electric vehicles that matches U.S. tariffs and follows similar plans announced by the European Commission.
The announcement followed encouragement by U.S. national security advisor Jake Sullivan during a meeting with Canadian Prime Minister Justin Trudeau and cabinet ministers on Sunday. Sullivan is set to make his first visit to Beijing on Tuesday.
Trudeau said Canada also will impose a 25% tariff on Chinese steel and aluminum.
“Actors like China have chosen to give themselves an unfair advantage in the global marketplace,” he said.
So what is stopping canada from subsidizing our own cheap EVs?
We are.
Canada’s PBO estimates total corresponding government support (for EV capital and operating expenses) to be up to $52.5 billion Source
Oil companies and the ICE manufacturers that rely on them.
Changing production lines to EVs is expensive, and they want profits now. Not later. Line must go UP