Will Canada’s EV tariffs on China actually work? | The Big Story
It depends what your definition of work is… but in announcing a 100% tariff on all electric vehicle’s produced in China, Canada is following in America’s footsteps. But we’re a much smaller economy than the US, which means these tariffs may not have the intended impact.
Of course, the intended impact also varies depending on whom you ask. Is it to score the government a few polling points? To protect Canadian EV production? Take a human rights stand? Get more Canadians into electric vehicles? There’s no way even a 100% tariff can accomplish all of that… so what will this policy really do?
Credit to : CityNews
