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Canada is considering imposing higher tariffs on Chinese electric vehicles, Trade Minister's statement
Chinese EV: After the White House announced new duties on Chinese-made electric vehicles, Canada is examining whether it needs to increase duties on them. The country's Trade Minister Mary Ng has said this.
Canada is examining whether it needs to increase tariffs on Chinese-made electric vehicles after the White House announced new tariffs on them. The country's Trade Minister Mary Ng has said this.
“We are considering this very carefully and we have an open dialogue with our US partners,” Ng said in a phone interview from Peru, according to media reports. She is attending meetings of the Asia-Pacific Economic Cooperation Forum in Peru.
The Biden administration this week announced sweeping new tariffs against China. In which semiconductors, solar cells, and other products were targeted. New US tariffs on Chinese-made electric vehicles will take effect this year. Whose final duty rate will increase from 27.5 percent to 102.5 percent.
Canada imposes a nominal tariff of about 6 percent on Chinese vehicles. Asked whether it might need to align its tariffs with the US. Ng again said the government was talking to US officials about the policy, "and we are certainly considering it."
