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Canada slashes 100% tariffs on Chinese EVs to 6%

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Re: Canada slashes 100% tariffs on Chinese EVs to 6%

#251
post #234

Earlier quoted context omitted.

That's basically it. The Chinese government views the rest of the world through Hobbesian self interest, but in the late 20th century financial way. They want your money, but lawfully. The US has turned into something much more vindictive and unpredictable, including threatening to invade Canada.

Lawfully? How many IPs have they stolen from universities and companies across the world?

Their train industry was built on ripping off companies they forced into poor agreements. They have wrecked industries with technological theft. I suppose it’s lawful from the CCP perspective.

Re: Canada slashes 100% tariffs on Chinese EVs to 6%

#252

I wonder if this might even be below reasonable "subsidy-compensation" tariff levels. BYD, for reference, got almost 30% of their 2024 income from the Chinese state (~$1.4b). But this is always difficult to judge because most nations help local industry to some degree, and it can be quite difficult to compare.

In comparison with Musk's companies ($15 billion in 2023, $7b in 2024), this seems to be a pittance.

https://www.congress.gov/119/meeting/house/117956/documents/...

Re: Canada slashes 100% tariffs on Chinese EVs to 6%

#253
post #39
post #14

Up to 49,000 vehicles. To put that number in context, in 2024 Candians bought 1,918,861 vehicles of which 264,277 where zero-emissions.

Yes, it's a modest step, but my guess is that those BYD cars will sell like hot cakes and demand will go through the roof. By popular demand, the government will have to lift that limit. That's all China needs to destroy american car manufacturing.

The announced limit doesn't seem like enough volume for BYD to roll out a dealership network, but maybe they do it in anticipation of higher limits in the future.

Volvo could be an immediate beneficiary. The Canadian EX30 was going to be cheaper because they could make them in China, but after the 100% US/Canada tariff was announced they had to switch to ones produced in Belgium iirc.

edit: Something I just read that I haven't seen reported elsewhere is that the imported EVs have to cost $33,000 or less. The EX30 currently starts at about $54,000, so... maybe not.

Re: Canada slashes 100% tariffs on Chinese EVs to 6%

#254
post #108
post #8

Its only the first 50K that get 6%, still pretty interesting as being physically so close to the US could cause people in the US to get their first look at Chinese cars. Chinese car companies face far more ruthless competition than western ones so could end up making better cars as a result, imo. There are over 100 brands in china selling electric cars

It's 50,000+ users to learn from. Chinese companies have gotten pretty good at learning.

With their capacity, they could perfectly replicate and improve a Rivian (popular in the US) and still sell for $15k less.

Re: Canada slashes 100% tariffs on Chinese EVs to 6%

#255
post #12
post #8

Its only the first 50K that get 6%, still pretty interesting as being physically so close to the US could cause people in the US to get their first look at Chinese cars. Chinese car companies face far more ruthless competition than western ones so could end up making better cars as a result, imo. There are over 100 brands in china selling electric cars

This x1000, I hope this really turns the screws on the US manufacturers, they need to hurt.

Really it’s the US government that it turns the screws on. China doesn’t need to comply with US regulations to produce their cars.

Re: Canada slashes 100% tariffs on Chinese EVs to 6%

#256
post #234

Earlier quoted context omitted.

That's basically it. The Chinese government views the rest of the world through Hobbesian self interest, but in the late 20th century financial way. They want your money, but lawfully. The US has turned into something much more vindictive and unpredictable, including threatening to invade Canada.

Lawfully? How many IPs have they stolen from universities and companies across the world?

They play things according to their own rules, but at least they have some.

Re: Canada slashes 100% tariffs on Chinese EVs to 6%

#257
post #234

A Canadian satire site has the headline "Canada chooses lawful evil over chaotic evil": * https://thebeaverton.com/2026/01/canada-chooses-lawful-evil-... * https://en.wikipedia.org/wiki/Alignment_(Dungeons_%26_Dragon... Edit: A comment in /r/canada: > TBF I would much rather work for Lex Luthor than The Joker if I had to choose one.

That's basically it. The Chinese government views the rest of the world through Hobbesian self interest, but in the late 20th century financial way. They want your money, but lawfully. The US has turned into something much more vindictive and unpredictable, including threatening to invade Canada.

The US? No, Trump.

Re: Canada slashes 100% tariffs on Chinese EVs to 6%

#258

The US government has really handled this poorly. Let's take one of our closest allies and push them into the arms of our biggest rival. All while helping boost that rival's total exports to record numbers. And boosting their universities to top positions in world rankings. Just brilliant, guys. "Make America Great Again" sure seems like it was intentionally tongue-in-cheek.

The exports argument is so bloated. US has thrived economically for 5 decades after becoming an import economy. This whole export/import balance is such a lame reasoning...yes you've spent a certain amount of $...and got plenty of stuff in exchange. In the words of some economist I've read "by Trump's reasoning my barber is also taking advantage of me because I cut my hair every month and he never buys anything from…

The trade deficit argument is mostly nonsense, but it's being made disingenuously anyway so the actual merit doesn't really matter to the people making it. Trump is a big fan of tariffs because they give him negotiating leverage to make deals beneficial to his own interests and those of his cronies. There is no national interest involved, this is an administration devoted purely to grift. Any benefit to the country is purely accidental.

Re: Canada slashes 100% tariffs on Chinese EVs to 6%

#259
post #206

Earlier quoted context omitted.

Massive trucks are useful for construction. You should get better transit so less people have cars.

Here's a video I wish I could make every American watch https://www.youtube.com/watch?v=jN7mSXMruEo It provides a deep-dive video into the history of how we got to the situation we're in today with American cars exploding in size. It actually has its origins in Obama-era legislation for emissions standards that made an exception for "light trucks". SUVs are legally classified as light trucks so the industry has massi…

I wish I could buy a cheap ford ranger from 1990 just to have for home improvement things. Go pick up furniture, sacks of dirt, lumber. These massive trucks are just so expensive and gigantic.

Re: Canada slashes 100% tariffs on Chinese EVs to 6%

#260

Earlier quoted context omitted.

Isn't it somewhat laughable when something like 3/4 of Canadian exports are to the US?

I think that Canada has to de-leverage trade with the US is what the take away should be. Not that this trade deal itself is going to change all the balances -- its that there are other players who can start to trade - reducing dependence on the US. The compounding effects are damaging as are switching costs.

What it looks like to me is that Carney the businessman is trying to work for the best terms in an eventual annexation scenario.
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