Canada has developed a reputation internationally in recent years for being soft on China. The Hogue Commission has heard multitude stories of Chinese interference that have been known to the government with no action taken. Until Industry Minister François-Phillipe Champagne took the reins, investment review decisions handed Canadian companies over to companies that were Beijing-controlled. Defence spending is nowhere near what is needed for defence against Chinese forces in the Pacific or our own Arctic.
I’m not going to buy a domestic EV or a foreign EV.
Interesting … EU Cuts Planned Tariffs On Tesla’s China-Made EVs To 9%
The European Commission announced this AM that, in its ongoing findings of an anti-subsidy investigation into Chinese imports of battery electric vehicles, all Tesla vehicles imported from China will be subject to a 9% tariff. Proposed tariffs on other EV companies were revised slightly ahead of what could become EU trade policy later this year.
Of all the proposed duties on Chinese EVs imported to the EU, Tesla appears to be the big winner and will pay the lowest rate of 9%. Reuters noted the EU “set a new reduced rate of 9% for Tesla, lower than the 20.8% it had indicated in July.”
