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Canada to explore increasing tariffs on Chinese EVs

Finance Minister Chrystia Freeland announced the launch of a 30-day consultation process to explore policies that address the threat posed by cheap imports of Chinese EVs, which she said undermine Canadian automakers.

Published Jun 24, 2024 at 5:52pm

Davis Legree
By
Davis Legree
Canada to explore increasing tariffs on Chinese EVs
Finance Minister Chrystia Freeland speaks during a news conference in Ottawa, Tuesday, June 18, 2024. (Adrian Wyld/The Canadian Press)

The Liberal government is considering introducing increased tariffs on Chinese electric-vehicles (EVs) as soon as later this summer.

Speaking in Vaughan, Ont. on Monday, Finance Minister Chrystia Freeland announced the launch of a 30-day consultation process to explore policies that address the threat posed by cheap imports of Chinese EVs, including hiking tariffs, changing eligibility criteria for federal funding programs, and other investment restrictions.

The consultation period will officially begin on July 2.

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