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Canada launches 30-day consultation to consider tariffs on electric vehicle imports from China

At present, the only Chinese-made electric car imported from Canada comes from Tesla, and the local Chinese brand electric car has not yet been sold in Canada。

At present, the only Chinese-made electric car imported from Canada comes from Tesla, and the local Chinese brand electric car has not yet been sold in Canada。

(Tesla Model Y on display at the Shanghai New Energy Auto Show in early June 2024。Photo by: CnEVPost

Canada is scheduled to launch a 30-day consultation on July 2 to discuss restrictions on imports of electric vehicles (EVs) from China, including additional tariffs.。

"As first announced on June 24, 2024, Canada today launched a 30-day consultation, from July 2, 2024 through August 1, 2024, on possible policy responses to protect Canadian auto workers and their growing electric vehicle industry from unfair trade practices and prevent trade diversion caused by recent actions by Trade Canada partners," Finance Canada said in a statement on July 2.。

It is understood that the purpose of the consultation is to seek opinions on potential policy responses, including the imposition of additional taxes, as well as possible additional measures, such as adjustments to the Federal Zero Emission Vehicle Incentive Program (iZEV) and investment restrictions.。STATEMENT。

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The consultation also sought input on cyber and data security to protect Canadian privacy and Canada's national security interests.。

The Canadian government is also considering policy perspectives that drive China's overcapacity and surge in electric vehicle exports, including labor and environmental standards and unfair and non-market behavior.。

Canada's move follows restrictions imposed by the United States and the European Union on electric vehicles in China.。

In May, the Commerce Department announced plans to nearly quadruple tariffs on Chinese-made electric vehicles, with a final rate as high as 102..5%。

The European Union said on June 12 that it plans to increase tariffs on Chinese electric vehicles, some of which face a maximum of 38% on top of the original 10% tariff..1% additional tariff。

It is worth noting that the only Chinese-made electric car currently imported into Canada is a car by US technology giant Tesla (NASDAQ: TSLA), which is produced by the company's Shanghai factory。According to a report by Canadian CTV News last month, there are currently no Chinese-branded electric vehicles sold or imported here.。

According to CTV News, Tesla is subject to a 6% import tax, which is currently applied to all Chinese-made cars, but most models are eligible for a $5,000 tax refund.。

<p><img src="https://hawk-oss.hawkinsight.com//picture//202407/213082330_737.jpg" style="width: 100%;">At present, the only Chinese-made electric car imported from Canada comes from Tesla, and the local Chinese brand electric car has not yet been sold in Canada。(Tesla Model Y on display at the Shanghai New Energy Auto Show in early June 2024。Credit: CnEVPost) Canada is scheduled to launch a 30-day consultation on July 2 to discuss restrictions on electric vehicle (EV) imports from China, including additional tariffs。"As first announced on June 24, 2024, Canada today launched a 30-day consultation, from July 2, 2024 through August 1, 2024, on possible policy responses to protect Canadian auto workers and their growing electric vehicle industry from unfair trade practices and prevent trade diversion caused by recent actions by Trade Canada partners," Finance Canada said in a statement on July 2.。It is understood that the purpose of the consultation is to seek opinions on potential policy responses, including the imposition of additional taxes, as well as possible additional measures, such as adjustments to the Federal Zero Emission Vehicle Incentive Program (iZEV) and investment restrictions.。STATEMENT。|The consultation also seeks input on cyber and data security to protect Canadians "privacy and Canada's national security interests.。The Canadian government is also considering policy perspectives that drive China's overcapacity and surge in electric vehicle exports, including labor and environmental standards and unfair and non-market behavior.。Canada's move follows restrictions imposed by the United States and the European Union on electric vehicles in China.。In May, the Commerce Department announced plans to nearly quadruple tariffs on Chinese-made electric vehicles, with a final rate as high as 102..5%。The European Union said on June 12 that it plans to increase tariffs on Chinese electric vehicles, some of which face a maximum of 38% on top of the original 10% tariff..1% additional tariff。It is worth noting that the only Chinese-made electric car currently imported into Canada is a car by US technology giant Tesla (NASDAQ: TSLA), which is produced by the company's Shanghai factory。According to a report by Canadian CTV News last month, there are currently no Chinese-branded electric vehicles sold or imported here.。According to CTV News, Tesla is subject to a 6% import tax, which is currently applied to all Chinese-made cars, but most models are eligible for a $5,000 tax refund.。</p>

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