Canada’s decision to slap 100% tariffs on Chinese electric vehicles (EVs) starting October 1 has ignited a fiery debate over global trade fairness. 🇨🇦⚖️ Prime Minister Justin Trudeau claims China enjoys an \"unfair advantage\" in the market, but Beijing argues its edge comes from industrial innovation—not subsidies.
Why Are Chinese EVs So Affordable?
Think supply chain magic! 🔋 China processes over 50% of the world’s lithium, cobalt, and graphite—key ingredients for EV batteries. Combined with streamlined production hubs in cities like Hefei and Changzhou, Chinese automakers save costs on labor, logistics, and R&D. 🏭💰 The result? EVs priced as low as $12,000—a win for sustainability but a thorn for competitors.
Industrial Powerhouse vs. Protectionism
Experts highlight China’s \"complete industrial ecosystem\" as the real game-changer. From battery factories to assembly lines, the nation’s EV infrastructure is unmatched. 🌐🚗 Ottawa’s tariffs, however, reflect growing Western anxiety about losing ground in the green tech race. Will this move protect Canadian jobs—or stifle the global shift to clean energy? 🤔
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Ottawa's political calculations under the cloak of fair trade
cgtn.com