this post was submitted on 30 Nov 2024
13 points (100.0% liked)
CanadaPolitics
2686 readers
179 users here now
Placeholder for any r/CanadaPolitics refugees
Rules
- Keep the original title when submitting an article. You can put your own commentary in the body of the post or in the comment section.
Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage: lemmy.ca
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Why did Canada impose a 100% tariff on Chinese EVs a few months ago?
Australia didn't.
Canada is attempting to grow its own domestic EV supply chain in order to become the world leader in EV battery production. It is already out competing China thanks to it's large natural resource supply and developed mining and refining industries.
The general idea is that Canada doesn't want to be China's supplier of raw materials and helping them become the world's supplier of EV batteries when Canada could be that supplier.
Canadian car companies had years, arguably decades, to try EVs.
Do you think a 100% tariff won't disincentivize competitiveness?