Canada to Impose 100% Tariff on Chinese EVs,Following US and EU

TapTechNews August 26th news, according to the Associated Press, the Canadian government announced on Monday local time that it will impose a 100% tariff on electric vehicles imported from China. To match the tariff of the United States and follow the similar plan announced by the European Commission.

In addition, Canadian Prime Minister Justin Trudeau told reporters that Canada will also impose a 25% tariff on steel and aluminum imported from China.

TapTechNews noted that there were previous reports that in order to deal with the rapid rise of the Chinese electric vehicle industry, the US government has taken measures to impose a 100% tariff on Chinese imported electric vehicles, and has taken other measures to encourage the localization and friend-shoring of the electric vehicle-related manufacturing industry. Canada is also considering following the example of the United States and the European Union to impose similar tariffs on Chinese electric vehicles.

Because it cannot directly enter the US market, Chinese electric vehicle enterprises may seek to detour into one of the largest automotive markets in the world. Some automotive industry analysts said that this may mean establishing businesses in Mexico and Canada.