Chinese electric vehicles | China firmly opposes Canada’s increase in tariffs on Chinese electric vehicles

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The Canadian government announced yesterday that it will impose a 100% tariff on Chinese-made electric vehicles and some hybrid vehicles, and the new tax rate will take effect on October 1. A spokesperson for the Chinese Embassy in Canada said that China expresses strong dissatisfaction and resolute opposition to this, and urges Canada to respect objective facts, correct its wrong practices immediately, and not politicize economic and trade issues. China will take all necessary measures to safeguard the legitimate rights and interests of Chinese companies.

The spokesperson said that despite China’s repeated opposition and solemn representations, the Canadian government has unilaterally announced additional tariffs on Chinese electric vehicles and other products. This move by the Canadian side is a typical act of trade protectionism and political dominance. This move will undermine the normal economic and trade cooperation between China and Canada, harm the interests of Canadian consumers and enterprises, and be detrimental to Canada’s green transformation and global efforts to combat climate change. It is completely harmful to others and not beneficial to itself.

The spokesperson stressed that the rapid development of China’s electric vehicles, etc., relying on continuous technological innovation, a sound supply chain system and sufficient market competition, is the result of the combined effect of comparative advantages and market laws, not relying on subsidies to gain competitive advantages. The Canadian side’s accusation of China’s overcapacity is groundless. The development of China’s electric vehicle industry has made positive contributions to the world’s response to climate change and the realization of green energy transformation.