The Center for Strategic & International Studies just revealed the enormity of China’s subsidization of its EV industry
Will she or won’t she? Will Deputy Prime Minister Chrystia Freeland announce tariffs on Chinese electric vehicles this week? If so, will she follow the American lead and tack on a 100% levy on any battery-powered vehicle BYD or Geely might dare to try to import to the United States? Or will ours be a more nuanced — dare I say World Trade Organization-approved — approach like the “variable” tariffs the E.U. are finalizing? The entire Canadian automotive industry awaits her decision with bated breath, with more than $50 billion — the monies promised to Volkswagen, Stellantis, et al to build battery plants here in the Great White Frozen North — hanging in the balance.
What are Trudeau’s China class backers saying?
