On Monday, the Canadian government declared it would levy a 100% tariff on Chinese-made electric vehicle imports, matching US tariffs and adopting policies akin to those proclaimed by the European Commission.
US national security advisor Jake Sullivan encouraged the announcement during a Sunday meeting with Canadian cabinet ministers and Prime Minister Justin Trudeau. On Tuesday, Sullivan will travel to Beijing for the first time.
According to Trudeau, Canada will levy a 25% tariff on steel and aluminium imports from China. China and other actors have decided to give themselves an unfair edge in the international market,” he said.
As Beijing works to revive its economy following the COVID-19 pandemic, Chinese officials will probably raise concerns regarding US tariffs with Sullivan. In May, US President Joe Biden imposed major new tariffs on Chinese electric cars, solar cells, advanced batteries, steel, aluminium, and medical equipment. Sullivan told reporters on Sunday, “The US does believe that a united front, a coordinated approach on these issues benefits all of us.
Chinese companies can sell EVs for as little as $12,000. The capacity of China’s steel, aluminium, and solar cell factories is sufficient to meet most of the global demand. Chinese officials contend that their production helps facilitate the shift to a green economy and keeps prices low.
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