The Canadian government plans to impose tariffs on electric vehicle exports from China, following the example of the US and the European Union, reported ag. Bloomberg, citing its sources.
Canadian Prime Minister Justin Trudeau's government may soon announce the start of public consultations on the issue of introducing tariffs on Chinese electric vehicles, following the example of the United States and the European Union, amid pressure from Western countries.
According to the agency, in 2023, about 44,400 cars made in China were sent to the port of Vancouver, which is 5 times more than the previous data. The government is concerned that Chinese electric cars will flood the Canadian market, writes ag. Bloomberg.
Canadian Press reported earlier that Canadian authorities, following the US, may impose significant tariffs on electric vehicles from China. According to him, Ottawa is already considering this issue.
On May 14, the White House press office announced that the US is increasing tariffs on imports of steel, electric vehicles, computers, chips and other goods from China. These measures aim to encourage China to “eliminate unfair trade practices in technology transfer, intellectual property and innovation”. It is said to be worth USD 18 billion in tariffs.
Earlier, the British newspaper Financial Times, citing its sources, announced that the European Commission intends to introduce additional duties on 25% of imports of Chinese electric vehicles, although this step could lead to the start of a trade war with Beijing. According to the publication, France and Spain are in favor of this step, while Germany, Sweden and Hungary do not approve it, fearing retaliatory measures from China. The Hungarian government is promoting the establishment of car factories on its territory for the production of electric vehicles and batteries for electric cars of large Chinese companies.