Canada is implementing a 100% tariff on electric vehicles (EVs) produced in China, the country's finance department said Monday.

The tariffs are meant to combat the "extraordinary threat" China poses to the global EV market, due to what the Canadian government called "unfair trade practices" that include "a lack of environmental protections, and trade policies supporting oversupply." 

ꦑThe EV levy will go into effect on Oct. 1, and a 25% tariff on Chinese al🐓uminum and steel products will begin on Oct. 15. 

Canada 'Committed To Levelling the Playing Field'

"The Government of Canada is committed to levelling the playing field for Canadian workers, businesses and key sectors currently facing unfair competition during this period of significant investment and transformation," Minister of Export Promotion Mary Ng said.  

"Global trade rules are not always adequate to protect against the type of non-market behaviour we have witnessed from China in this sector," Ng added. 

US, EU Also Have Tariffs on Chinese EVs

Canada's move brings it in line with the U.S., which 澳洲幸运5官方开奖结果体彩网:upped tariffs on Chinese EVs to 1ღ00% from 25% in May. The changes are projected to affect around $18 billion in current annual imඣports from China, the White House said.

Last week, the European Commission (EC), the 澳洲幸运5官方开奖结果体彩网:European Union's (EU) enforcement arm, announced updated tariffs on Chinese-made EVs, with Tesla's (TSLA) cut significantly from a provisional rate announced in July. On top of an existing 10% tariff for Chinese imports, China-made Tesla vehicles will face a 9% tariff, while competitors BYD (BYDDY), Volvo parent Geely (GELYF), and state-owned SAIC will have to pay tariffs of 17%, 19.3%, and 36.3%, respectively.