Canada's China EV tariff plan draws debate over best approach
BNN Bloomberg
Automotive and environmental groups are at odds over how far Canada should go in imposing new tariffs on Chinese-made electric vehicles, as Prime Minister Justin Trudeau’s government weighs levies to protect the domestic industry.
The European Union announced last week that it was increasing tariffs on EVs from China to as much as 48 per cent. That followed a move by the U.S. in May to boost its own such tariffs to as much as 102.5 per cent.
As Canada makes final decisions on its plan, stakeholders are debating whether the country should adopt the more restrictive tariffs of its neighbour to the south or take a softer approach. That discussion is adding a new wrinkle to an effort that’s aimed at preventing cheap Chinese EVs from undercutting the market, while still encouraging consumer adoption of cleaner vehicles.
