Tesla can get wound from the trade war between the United States and Canada

Tesla can get wound from the trade war between the United States and Canada

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Tesla can get wound from the trade war between the United States and Canada



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As soon as he returned to the White House Donald TrumpIn this second period, it seems that it will make a name for itself especially with trade wars. Trump said that he would put customs duties in order to strengthen the US economy and to maintain the US global hegemony without the need for military intervention. Trump was expected to bring customs duties to China, but the US president In addition to China, it brings heavy customs duties to Mexico and Canada He hunted many people unawares.

As you will imagine these customs duties, which will make the economy of both countries very difficult, it was not welcomed in these countries. As a matter of fact, on this new front, they started to make counter -moves. Canada announced that it will bring 25 percent customs duty to US products, just as the US has applied them. However, the sanctions in Canada may not be limited to this. Because some Canadian politicians demand more harsh sanctions against the US. Besides Elon Musk and Tesla also have the target.

Canadian Liberal Party President: “Let’s apply 100 percent customs duties to Tesla”

Canada left the task in December Former Trade Minister Chrystia FreelandWant 100 percent customs duties to major American products. Freeland, which proposes to bring customs duties to alcohol products imported from the United States, has a special request. Freeland wants Tesla to be punished in particular. Noting that Elon Musk is one of the greatest supporters of Donald Trump, Freeland demands that 100 percent customs duties be applied to Tesla vehicles.

Freeland says they need to be strategically about what they will target: “We should look at who support Trump and think about how we can pay this commercial attack on Canada.“

Canada’s 100 percent customs duties to Tesla will cause the company to face serious problems in this market. Because in the electric car market recently competition has become much more hot. In such a period, the significant increase in Tesla prices in the country will cause new electric cars to turn to other brands.

Right now Best Selling Electric Cars Tesla Model Y and Model 3 in Canada. In 2023, only more than 60,000 of these two models were sold. Although this corresponds to about 10 percent of Tesla’s annual sales in the United States, it is a sufficient number for the loss of the company seriously.

Chrsto Freeland is currently a candidate for the presidency of the Liberal Party, currently headed by Prime Minister Justin Trudeau. If he wins the preliminary elections within the party, he will be just one step away from being the next Canadian Prime Minister. Therefore, Freeland may soon be in a position where it can activate this strategy.