Canada Imposes 100% Tariff on Chinese EVs: Trudeau Announces New Economic Measures

Prime Minister Justin Trudeau announced that Canada will impose a 100% tariff on Chinese electric vehicles and a 25% tariff on imported steel and aluminum from China. This decision aligns Canada with the U.S. and EU, aiming to position the country as a crucial player in the global EV supply chain.

Prime Minister Justin Trudeau announced on Monday that Canada will enforce a 100% tariff on the import of Chinese electric vehicles. Ottawa will also implement a 25% tariff on imported steel and aluminum from China. Trudeau made this announcement in Halifax, Nova Scotia.

The move follows a 30-day public consultation on Chinese EVs and related products and aims to align Canada with the United States and the European Union. 'I think we all know that China is not playing by the same rules,' Trudeau stated. 'What is important about this is we're doing it in alignment and in parallel with other economies around the world,' he added.

Canada is positioning itself as a critical part of the global EV supply chain and has been under domestic pressure to act against China. To bolster this position, Canada has secured deals worth billions of dollars with European automakers across the EV supply chain. Meanwhile, the U.S. is expected to announce its final tariff implementation plans this week following earlier declarations by President Joe Biden.

(With inputs from agencies.)