Canada Imposes Tariffs on Chinese EVs and Metals

Canada has announced a 100% tariff on imports of Chinese-made electric vehicles (EVs) and a 25% tariff on Chinese steel and aluminum, effective October 1 and October 15, respectively. This decision aligns with similar measures taken by the U.S. and the European Union, aiming to counteract what Western governments perceive as unfair trade practices due to Chinese government subsidies. Prime Minister Justin Trudeau emphasized the need to protect Canada’s emerging role in the global EV industry. The Chinese government has criticized these tariffs as trade protectionism and a violation of WTO rules. The tariffs are part of a broader strategy to ensure fair competition in the global market and to support Canada's domestic industries.