Canada to impose 100% tariff on EVs made in China

Canada to impose 100% tariff on EVs made in China

Canada has announced it will impose a 100% tariff on imports of electric vehicles (EVs) made in China in a move that mirrors those made by the United States and European Union. According to a report by the BBC, Canada and its Western allies claim carmakers in China have an unfair advantage due to the country’s government subsidising its EV industry. A 25% duty on Chinese steel and aluminium is also planned.

“We are transforming Canada’s automotive sector to be a global leader in building the vehicles of tomorrow, but actors like China have chosen to give themselves an unfair advantage in the global marketplace”, said Canadian prime minister Justin Trudeau.

In response, China has deemed Canada’s decision to be a form of “trade protectionism” that “violates World Trade Organisation rules.” A spokesperson for China’s commerce ministry said the move “seriously undermines the global economic system, and economic and trade rules,” adding that Canada needs to immediately “correct its erroneous practices.”

Earlier this year in May, the US said it would quadruple its tariffs on China-made EVs to 100%, with the EU announcing in May that additional tariffs of up 38.1% would be imposed on such vehicles. However, the EU recently revised its planned extra tariff on China-made Teslas to just 9% from a previously planned 20.8% following Tesla’s request for an individual assessment.

Canada’s tariffs on China-made EVs will include those made by Tesla at its Shanghai Gigafactory, and industry analyst expect a switch to imports from the US or Europe if the carmaker can’t mitigate the tariff enough. Canada is Tesla’s 6th largest market this year, so preventing a price hike due to tariffs is important for the carmaker.

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Gerard Lye

Originating from the corporate world with a background in finance and economics, Gerard's strong love for cars led him to take the plunge into the automotive media industry. It was only then did he realise that there are more things to a car than just horsepower count.

 

Comments

  • TinKosong on Sep 03, 2024 at 3:19 pm

    why tesla kena pinch because of China EV?

    Like or Dislike: Thumb up 2 Thumb down 9
  • Dah Menang Semua on Sep 03, 2024 at 3:55 pm

    No worry… Mark-up
    Then throw discount
    China govt subsidy

    Like or Dislike: Thumb up 4 Thumb down 7
  • ROTI CANAI on Sep 03, 2024 at 4:10 pm

    So what does Canada make again, maple syrup powered cars?

    Like or Dislike: Thumb up 25 Thumb down 0
  • newme on Sep 03, 2024 at 4:12 pm

    They dump as many as EVs to your country and hope to hold the buyers hostage when things not going their way. Also don’t forget the data collection send back to their servers.

    When you buy a car, you are buying the entire ecosystem.

    Like or Dislike: Thumb up 4 Thumb down 26
  • Why impose so much since Canada doesn’t have national cars to protect? American dog

    Like or Dislike: Thumb up 26 Thumb down 2
  • Patriot on Sep 03, 2024 at 5:05 pm

    Padan muke. Jual lagi kereta cam besi buruk

    Like or Dislike: Thumb up 1 Thumb down 16
  • Western Powers only. on Sep 04, 2024 at 12:56 am

    In this world, only western powers are allowed to be rich and in control of the world finances and trade, the rest just follow and keep quite! When China was poor and backward the western powers in order to get into the huge China market preached about free trade and globalization, now that China is “treatening” them what they do ? See it yourself people. White supremacy that’s what it is!

    Like or Dislike: Thumb up 5 Thumb down 1
    • haters gonna hate on Sep 04, 2024 at 4:42 pm

      nothing new , decades back mahathir already erected tariffs and barriers to protect his beloved Proton. he also created NEP and boomi-first policy to protect budak malas. i guess usa must have learned the same trick from Tun.

      Like or Dislike: Thumb up 3 Thumb down 0
  • wake up on Sep 04, 2024 at 9:21 am

    ORANG PUTIH tactic. has been used since decades ago, to suppress the advancement of any other country that isn’t WHITE.

    Like or Dislike: Thumb up 3 Thumb down 1
 

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