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MNI BRIEF: Canada Sets 100% Tariff On Chinese EVs, Mirrors US

MNI (OTTAWA) - Canada is imposing a 100% tariff on Chinese electric vehicles and a 25% levy on steel and aluminum, seeking to head off any perception it will become a back door to the North American trade zone before the USMCA is up for review in 2026.

Finance Minister Chrystia Freeland in a statement Monday also said Canada will restrict eligibility for any low-emissions vehicles to nations it has a free trade agreement with, and launched a 30-day consultation on "other sectors critical to Canada’s future prosperity, including batteries and battery parts, semiconductors, solar products, and critical minerals."

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MNI (OTTAWA) - Canada is imposing a 100% tariff on Chinese electric vehicles and a 25% levy on steel and aluminum, seeking to head off any perception it will become a back door to the North American trade zone before the USMCA is up for review in 2026.

Finance Minister Chrystia Freeland in a statement Monday also said Canada will restrict eligibility for any low-emissions vehicles to nations it has a free trade agreement with, and launched a 30-day consultation on "other sectors critical to Canada’s future prosperity, including batteries and battery parts, semiconductors, solar products, and critical minerals."

Keep reading...Show less