Beijing Blasts Canada Over New Tariffs on EVs

Beijing has reacted strongly to Canada's announcement to impose new tariffs on Chinese electric vehicles, set to take effect in October. Canadian authorities plan to introduce a 100% import tax on these vehicles, alongside a 25% tariff on aluminum and steel imports from China. This move aligns with similar actions taken by the United States and European Union but has raised significant concerns in Beijing. A Chinese Foreign Ministry spokesman condemned the tariffs, arguing that they disregard factual data, violate World Trade Organization (WTO) rules, and threaten historical trade relations between China and Canada. The spokesman highlighted the detrimental impact on Canadian businesses and consumers while undermining Canada's commitment to green transition and global climate initiatives. The tensions stem from issues of overcapacity in China's manufacturing sector, exacerbated by heavy subsidies leading to the flooding of international markets with inexpensive products. The United States alleges that China is attempting to navigate its economic challenges by exporting excess production. US National Security adviser Jake Sullivan’s visit to Beijing this week may further escalate discussions around these tariffs. Analysts anticipate retaliatory measures from China, potentially impacting various industries. Meanwhile, Canadian Minister for International Trade, Mary Ng, emphasized Canada's need for action against China's overcapacity policies while also focusing on climate change initiatives and job growth. The situation illustrates the complexities of international trade relationships and the difficult balancing act nations face between economic priorities and global cooperation.