Canada is looking at the massive new U.S. import tariffs on Chinese-made electric vehicles imposed by President Joe Biden earlier this month, but is not making any commitment to following suit north of the border.
He isn't advocating for Canada to match the tariffs specifically, noting the risk of Chinese retaliation. But he said Canada can't get too out of step with the U.S.President Joe Biden moved May 14 to quadruple the U.S. import tariff on Chinese-made EVs to 100 per cent. He cited unfair subsidies from the Chinese government to Chinese EV makers.
Economic ties and supply chains formed a key part of that conversation according to Trudeau's staff. Canada and the U.S. have been aligning their EV industries in recent years, including critical minerals, batteries and EV manufacturing itself. Fully electric and plug-in hybrid vehicles accounted for almost 11 per cent of total new vehicle registrations in 2023 in Canada, up from eight per cent in 2022.
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