Canada has confirmed that, as part of its effort to retaliate against the US over President Trump’s trade war against allies, it will impose a 25% tariff on electric vehicles from the US.
Canada will implement a 25% tariff on $30 billion in goods imported from the U.S. starting on Tuesday, February 4th.
The government is also working on a much more severe second wave of 25% tariffs on an additional list of imported U.S. goods worth $125 billion. This list is currently subject to public commentary for 21 days before being implemented, but it currently includes:
"Passenger vehicles and trucks, including electric vehicles, steel and aluminum products, certain fruits and vegetables, aerospace products, beef, pork, dairy, trucks and buses, recreational vehicles, and recreational boats.”
Considering most electric vehicles in Canada come from the US, this is likely going to greatly slow down EV adoption in the country.
Furthermore, several EV incentives were recently phased out – further accelerating the decline in EV growth.
Posted by John3262005
5 Comments
While disappointing that EVs are being targeted, this has to be a shot at Elon, right?
Ngl, I kinda wish EU would also slap huge, bigly and beautiful tariffs on Tes- .. American EVs instead of chinese.
Does Canada tax Chinese EVs?
> Considering most electric vehicles in Canada come from the US, this is likely going to greatly slow down EV adoption in the country.
Let’s sign a big, beautiful trade deal with China to import their EVs.
Should just ban the import of Teslas, why be coy at this point?