Canada Charges Ahead with Anti-China Tariffs, Mirroring U.S. Trade Tactics
Canada just dropped a major trade bombshell! Starting October 1, Chinese-made electric vehicles (EVs) will face a whopping 100% surtax, with steel and aluminum tariffs hitting 25% later in October. This move comes days after PM Justin Trudeau met with U.S. National Security Advisor Jake Sullivan, who reportedly “encouraged” the decision.
U.S. Influence in the Driver’s Seat?
The timing raises eyebrows: President Biden announced similar 100% EV tariffs in May. Now Canada’s Trudeau says the tariffs are a “coordinated approach” to avoid a “race to the bottom” – echoing Sullivan’s call for a “united front.” Critics argue Canada’s “independent trade policy” is taking a backseat to U.S. strategy.
China’s EV Revolution Under Fire
With China dominating 60% of global new-energy vehicle sales in 2023, Deputy PM Chrystia Freeland claims these tariffs protect Canada’s EV sector from “overcapacity” – but industry watchers see it as a bid to curb China’s clean-tech rise.
As trade tensions rev up, one thing’s clear: The global green tech race just got a lot bumpier.
Reference(s):
cgtn.com