In light of recent trade tensions with the U.S., Canada has implemented a 100% tariff on Chinese-made electric vehicles (EVs). This measure, initially aimed at solidarity with the U.S., is now being re-evaluated as relations sour. With a 25% tariff imposed by the U.S. on Canadian-made cars, experts ponder whether Canada could shift towards embracing the Chinese EV market, despite concerns over the impact on domestic industries. Robert Karwel of J.D. Power Canada suggests the idea is appealing but ultimately unlikely due to the potential risks involved.
It's tempting, said Robert Karwel, the Director of Customer Success Data & Analytics Division at J.D. Power Canada. Nonetheless, he said, I fundamentally believe that is still unlikely to happen.
Trump's attacks on Canada's industries have galvanized a very real push for divestment and decoupling from the U.S; both in grassroots form from ordinary citizens, but on a policy level implemented by province and Ottawa itself.
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