Prime Minister Justin Trudeau would not say whether Canada will follow the lead of the Biden administration in the United States and impose tariffs on electric vehicles imported from China.
But in response to a direct question about the expanded U.S. tariffs, the prime minister avoided saying if Canada will follow suit. Existing tariffs on China-made EVs will increase to 102.5 per cent in 2024 from 27.5 per cent previously to “protect American manufacturers from China’s unfair trade practices,” the Biden administration said.
Restrictions on natural graphite and permanent magnet imports will be slower coming. Tariffs on both components will stay at zero over the next two years but rise to 25 per cent in 2026.
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