Canada will join the trade war against China

Following the example of the United States and the EU, Canada plans to impose high tariffs on Chinese electric vehicles. Western sanctions are targeting battery-powered electric vehicles, which are rapidly taking over global markets.

Although specific measures have not yet been determined, the Trudeau government will begin by holding public consultations on these tariffs, which will affect Chinese exports of electric vehicles to the country. The main problem is the risk of overflowing the Canadian market with cheap cars from China.

Prime Minister Justin Trudeau is under increasing pressure, both inside and outside the country. He is recommended to follow the example of the Biden administration, which increased tariffs on Chinese electric vehicles fourfold to 102.5%, and the EU, where tariffs are planned to increase to 48% for some models.

Last year, the value of Chinese electric vehicles imported to Canada reached $1.6 billion, and the number of cars arriving from China at the port of Vancouver increased more than fivefold. In addition to Chinese electric vehicles, Canada also receives Tesla cars manufactured at the company's Shanghai plant.