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Home News Canada

Canada considering a tariff hike on China-made EVs

NEWSROOM by NEWSROOM
June 25, 2024
in Canada
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The Canadian government plans to take action against China’s unfair and non-market trade practices. The nation’s auto industry and its workers “face unfair competition from China’s intentional, state-directed policy of overcapacity and lack of rigorous labour and environmental standards,” as per a statement Deputy Prime Minister Chrystia Freeland’s office released on 24 June.

Chinese manufacturers are creating an oversupply situation that impacts the profit incentives of EV manufacturers globally, including in Canada. More than 1,25,000 well-paid Canadian jobs, including many…



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