Canada is considering imposing higher tariffs on Chinese electric vehicles
Chinese EV: canada is considering imposing higher tariffs on Chinese electric vehicles, Trade Minister's statement
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 MaryNg 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 data-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 stressed that Canada'smain focus is on producing electric vehicles domestically. He pointed to agreements that prime minister Justin Trudeau's government has signed with automakers such as honda Motor Co. and volkswagen AG to produce electric vehicles, batteries, or components in Ontario, Canada's most populous province.
The country's auto sector is highly integrated with American automakers. Parts and finished cars and trucks flow easily across the data-border between Ontario and major US manufacturing states like Michigan and Ohio.Chinese factories account for a very small share of the Canadian auto market. But recently in the country, the Chinese-made tesla Inc. manufactured in Shanghai. There has been a surge in imports of the model.
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.