Canada Imposes 100% Tariff on Chinese-Made Electric Vehicles
Tesla's request for tariff reduction rejected as Canada aligns with US trade policies to counter China's industrial strategies.
- The new tariffs, effective October 1, apply to all Chinese-made EVs, including those from Tesla.
- Tesla had sought a lower tariff similar to the 9% rate granted by the European Union.
- Canada's decision follows the US, which announced similar tariffs aimed at China's state-directed industrial policies.
- China has criticized the move, calling it trade protectionism and a violation of WTO rules.
- Industry experts are divided on the impact, with some predicting minimal price changes while others foresee significant cost increases.