China
2024.08.27 15:03 GMT+8

China expresses strong dissatisfaction with Canada's EV tarrifs

Updated 2024.08.27 15:03 GMT+8
CGTN

Electric cars charging in Chaoyang District, Beijing, China, June 23, 2024. /CFP

The Chinese Embassy in Canada expressed strong dissatisfaction and resolute opposition on Monday against the Canadian government's action to impose tariffs on Chinese electric vehicles (EVs).

A spokesperson for the embassy criticized the Canadian government's decision to increase import taxes on Chinese-made EVs as typical trade protectionism and politically motivated. The spokesperson added that this violates WTO rules and undermines Canada's traditional image as a global champion for free trade and climate change mitigation.

This action will damage trade and economic cooperation between China and Canada, hurt the interests of Canadian consumers and enterprises, and slow down Canada's green transition process. It certainly won't help global efforts to address climate change and is likely to backfire, the spokesperson added.

The spokesperson emphasized that the rapid development of China's EV industry results from persistent technological innovation, well-established industrial and supply chains, and full market competition. The industry's competitiveness has been gained by utilizing comparative advantages and following market principles, rather than relying on government subsidies.

"China will take all necessary measures to safeguard the legitimate rights and interests of Chinese enterprises," the spokesperson said.

Canadian Prime Minister Justin Trudeau announced at the federal cabinet retreat in Halifax on Monday that the country will raise import taxes on Chinese-made EVs from 6.1 percent to 106.1 percent starting October 1.

Additionally, tariffs on Chinese-made steel and aluminum products will increase to 25 percent starting October 15.

Source(s): Xinhua News Agency
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