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© Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.Canada to start 30-day consultation to impose surtax on Chinese electric vehicles
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quercetum
This is an excellent way to protect your own industry. If you are in a dominant position, preach the principles of free markets and advocate free markets all around the world.
If you are not in a dominant position, like the EV market, then it you must place tariffs on your competitors. Every country should do this to level the playing field, then see who comes out on top.
Fighto!
Good for Canada. All democratic, freedom-loving nations should follow suit and make these Chinese-made EVs cripplingly expensive with surtaxes. Base model should cost minimum CAD $100,000.
China is dumping them all over the world at less than cost price with the aim of destroying domestic auto manufacturing industries.
quercetum
The Trump Tariffs and Trade War may have been designed to be a missile aimed at Beijing, but they've not only landed squarely in Detroit, but also have pushed the Chinese to circumvent tariffs by building factories in Mexico, Africa, Eastern Europe, Western Europe and Southeast Asia.
lincolnman
I hope our far-right friends wave their finger at their hero Elon Musk also - who builds Teslas in China that he then sells in North America...
https://www.scmp.com/business/china-business/article/3221515/tesla-offers-china-made-electric-vehicles-sale-canada
theFu
The tax on imports should be tailored based on the subsidies any foreign govt provides to the industry. That goes for all products - cars, steel, milk, grain, and their should be a "dictator" tax added when parts from dictators are included in the product being imported. Add in the forced-labor tax too.
On the side of every car sold from China, where they list the costs ....
Vehicle
Destination Charge
Undercoat Charge
Dictator Tax
Forced Labor / Human Rights Tax
Foreign Govt Subsidies Tax
Canadian Tax, Tag, Title ChargeAgain, the source of the imported products shouldn't matter. Craft a law that allows quick, flexible, action as a response to unfair trade that doesn't follow our basic moral code.
Wesley
So, 30 days for the ccp to bribe & buy Canadian politicians to rule in the ccp's favor.
It shouldn't take this long. 30 mins is all it takes.