Canada imposes a 100% tariff on Chinese-made electric vehicles

Canada imposes a 100% tariff on Chinese-made electric vehicles

TORONTO — Canada announced Monday it is launching a 100% tariff on imports of Chinese-made electric vehicles, matching U.S. tariffs imposed over what Western governments say are China’s subsidies that give its industry an unfair advantage. The announcement came after encouragement by U.S. national security advisor Jake Sullivan during a meeting with Canadian Prime Minister Justin Trudeau and Cabinet ministers Sunday. Sullivan is making his first visit to Beijing on Tuesday. Trudeau s...
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Canada imposes a 100% tariff on imports of Chinese-made electric vehicles

Canada imposes a 100% tariff on imports of Chinese-made electric vehicles

By  ROB GILLIES Updated : , ,   TORONTO (AP) — Canada announced Monday it is launching a 100% tariff on imports of Chinese-made electric vehicles, matching U.S. tariffs imposed over what Western governments say are China’s subsidies that give its industry an unfair advantage. The announcement came after encouragement by U.S. national security advisor Jake Sullivan during a meeting with Canadian Prime Minister Justin Trudeau and Cabinet ministers Sunday. Sullivan is making his first visi...
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EU to imposes tariffs of up to 48% on electric vehicle imports from China

EU to imposes tariffs of up to 48% on electric vehicle imports from China

The measures are “a speeding ticket aimed to slow China,” said Bill Russo, founder and chief executive officer of Shanghai-based advisory firm Automobility. By Alberto Nardelli and Jorge Valero The European Union will impose additional tariffs on electric cars shipped from China starting next month, taking levies to as much as 48% in a move that further escalates trade tensions and adds to the cost of buying an EV.   The bloc formally notified carmakers including BYD, Geely and MG owner SAI...
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