Commodities
Auto, Steel Groups Urge Canada to Match US Tariffs on China
- Chinese-made EVs, nearly all Tesla models, pour into Canada
- Trudeau and other officials say they’re monitoring US policy
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Auto manufacturers, steel producers and union officials urged Canadian lawmakers to hike tariffs on over-produced Chinese goods, warning Canada risks being seen as a weak partner on China by the US administration.
Earlier this month, US President Joe Biden announced a sweeping set of tariff hikes on Chinese goods, including quadrupling tariffs on Chinese electric vehicles to bring its rate up to 102.5%. By contrast, Canada currently imposes a small tariff of about 6% on Chinese vehicles.