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. 🌍🔧
