Canadian Tariffs Aimed at Chinese EV imports

Monday, 24 June 2024 08:36

By Stef Mizzi

Investigation aimed at protecting Canada's massive investments in the electric vehicle supply chain

Finance Minister Chrystia Freeland is expected to announce this morning a plan for potential tariffs to protect Canada's electric vehicle supply chain from unfair Chinese competition.

Before Canada can impose new tariffs, an anti-subsidy investigation must be completed by the Canadian International Trade Tribunal.

Currently, the only Chinese-made E-Vs imported into Canada are Teslas made at the U-S tech giant's Shanghai factory.

China is a bigger player in Canada when it comes to batteries and battery components for E-Vs -- industries that Canada has invested heavily in over the last four years.

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Canadian Tariffs Aimed at Chinese EV imports

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