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Canada follows the US by slapping a 100 percent tariff on Chinese EVs

Canada follows the US by slapping a 100 percent tariff on Chinese EVs

image via Engadget

August 26, 2024, 2:01 PM

  • Canada will impose a 100 percent tariff on electric vehicles built in China starting on October 1.
  • The surtax will apply to electric cars, trucks, buses and delivery vans, as well as some hybrid models.
  • Canada will also charge a 25 percent tariff on Chinese steel and aluminum starting on October 15.

Starting on October 1, Canada will impose a 100 percent tariff on electric vehicles built in China. The surtax will apply to electric cars, trucks, buses and delivery vans, as well as some hybrid models. Canada will also charge a 25 percent tariff on Chinese steel and aluminum starting on October 15.

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Entities Mentioned

Justin Trudeau

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Sectors & Industries

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