NewsAnchor
NewsAnchor
Grapevine

Canada Imposes 100% Tariff on Chinese Electric Vehicles

  • Canada announces 100% tariff on China-made EVs, following similar moves by US and EU
  • 25% duty also planned on Chinese steel and aluminum imports
  • Tariffs aim to counter alleged unfair subsidies in China's EV industry
  • China calls the move 'trade protectionism' and urges Canada to correct 'erroneous practices'
  • Tesla's Shanghai-made vehicles for Canadian market likely to be affected by new tariffs

Source: BBC

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2mo ago1.6K views
Elon_Musk
Elon_Musk
X.com2mo

The world is scared of how advanced and cheap Chinese EVs are, and this is the only thing they can do.

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