Canada to Announce Tariff Plan for Chinese EV, Battery Imports Following US, Europe

Published on June 24, 2024

Finance Minister Chrystia Freeland is expected to announce on June 24 morning a plan for potential tariffs to protect Canada’s electric vehicle supply chain from unfair Chinese competition. Ms. Freeland and International Trade Minister Mary Ng are making a joint announcement this morning following moves this spring by both the United States and Europe to hike import tariffs on Chinese-made EVs. Before Canada can impose new tariffs, an anti-subsidy investigation must be completed by the Canadian International Trade Tribunal. Currently, the only Chinese-made EVs imported into Canada are Teslas made at the U.S. tech giant’s Shanghai factory. China is a bigger player in Canada when it comes to batteries and battery components for EVs, industries Canada has invested heavily in over the last four years....

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