Canada Set To Follow US, EU Lead On Hiking Tariffs On Chinese-Made EVs

First it was the EU and the US, now it looks like Canada could be next to weigh tariffs on Chinese made electric vehicles.

Justin Trudeau’s government is considering new tariffs on Chinese-made electric vehicles to align with US and EU actions, according to a new report this week by Bloomberg.

An announcement about public consultations on these tariffs is expected soon, despite the fact that no final decisions have been rendered, the report said, citing people familiar with the matter.

Bloomberg reported that Trudeau faces growing pressure to follow President Biden’s lead, who in May announced plans to nearly quadruple tariffs on Chinese-made EVs to 102.5%.

Both the US and the EU are worried about China flooding the market with cheap supply of EVs and undermining their domestic industries, with seasoned Chinese EV companies like BYD now aggressively entering global markets.

The report says that on Thursday, Ontario Premier Doug Ford accused China of exploiting low labor standards and dirty energy to produce cheap EVs and urged Trudeau’s government to match Biden’s tariffs.

“Unless we act fast, we risk Ontario and Canadian jobs,” he said on X.