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How will China respond to Canada's tariffs on Chinese EVs by March 31, 2025?
2
Resolution / Starting Odds
Retaliatory tariffs on Canadian goods • 25%
Diplomatic negotiations • 25%
No significant action • 25%
Other measures • 25%
Chinese Ministry of Commerce announcements
Story
US and Canada Raise Tariffs on Chinese EVs to 100%, Prompting WTO Complaint from China
Oct 2, 2024, 01:04 AM
The Biden administration's recent tariff hike on Chinese electric vehicles (EVs) and related components took effect, raising tariffs on Chinese EVs imported to the U.S. to 100% from 25%, and on lithium-ion batteries and battery parts to 25% from 7.5%. This move is part of efforts to promote U.S. electric vehicle production. Tesla now no longer sells any cars in the U.S. that use a Chinese LFP battery. Meanwhile, Canada has also implemented new tariffs on Chinese EVs, which analysts predict will have repercussions beyond the electric vehicle market. In response, China has filed a complaint at the World Trade Organization (WTO) against Canada's trade protectionism and initiated an anti-discriminatory investigation into Canada's restrictive measures. The Chinese Ministry of Commerce has urged Canada to adhere to WTO rules and warned of necessary measures to counteract these tariffs.
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No action taken • 25%
Retaliatory tariffs on Canadian EVs • 25%
Retaliatory tariffs on other Canadian goods • 25%
Other measures • 25%
Increase import tariffs on EU goods • 25%
File a dispute with WTO • 25%
Negotiate with the EU • 25%
No significant response • 25%
Retaliatory Tariffs • 25%
Diplomatic Negotiations • 25%
No Response • 25%
Other • 25%
Impose tariffs on Canadian goods • 25%
File a complaint with the WTO • 25%
Restrict Canadian imports • 25%
No significant action • 25%
Increase prices • 25%
Shift production • 25%
Lobby for tariff reduction • 25%
Other • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Impose retaliatory tariffs • 25%
Seek negotiations • 25%
No significant action • 25%
Other response • 25%
Retaliatory tariffs • 25%
Diplomatic negotiations • 25%
No action • 25%
Other • 25%
Yes • 50%
No • 50%