Poll: Most favour tariffs on inexpensive Chinese-made electric cars

Source: sootoday.com sootoday.com

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A $13,000 car? That's what one Chinese auto maker could sell vehicles for in Canada unless tariffs are put in place The Chinese automaker BYD can make electric cars that would retail in Canada, assuming no trade barriers were in place, for about $13,000. That, of course, would be a game-changer with winners and losers. It would have the potential to be an extinction-level event for parts of the auto industry, but consumers, and arguably the environment, would benefit. (Demand for electric vehicles seems to exceed supply.) In May, U.S. president Joe Biden imposed a 100 per cent tariff on...