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."
Ng pointed out that the country's primary goal is to produce electric vehicles internally. He stated contracts signed by the government of Prime Minister Justin Trudeau with automakers like Honda Motor Co. and Volkswagen AG to manufacture electric cars, batteries, or parts in Ontario, the most populous province in Canada.
The automobile industry in the nation is closely linked to American automakers. Major US manufacturing states like Michigan and Ohio easily share parts and completed cars and trucks across the border with Ontario.
The Canadian auto industry is dominated by very few Chinese factories. However, Shanghai-based Tesla Inc., which is Chinese-made, has recently arrived in the nation. The model has been imported in large quantities.
The number of cars arriving from China at the Port of Vancouver increased more than fivefold last year, to about 44,400. When Elon Musk's automaker started shipping Model Y vehicles from there.
