Diamond Member Pelican Press 0 Posted August 27, 2024 Diamond Member Share Posted August 27, 2024 This is the hidden content, please Sign In or Sign Up Canada to impose 100% tariff on China electric vehicle imports Canada says it will impose a 100% import tariff on imports of China-made electric vehicles (EV) after similar announcements by the US and ********* Union. The country also plans to impose a 25% duty on ******** steel and aluminium. Canada and its Western allies accuse China of subsidising its EV industry, giving its car makers an unfair advantage. China has called the move “trade protectionism” which “violates World Trade Organization rules”. “We are transforming Canada’s automotive sector to be a global leader in building the vehicles of tomorrow, but actors like China have chosen to give themselves an unfair advantage in the global marketplace”, said ********* Prime Minister Justin Trudeau. Canada’s duties on ******** EVs are due to come into effect on 1 October, while those on steel and aluminium will be implemented from 15 October. In May, the US said it would quadruple its tariffs on imports of ******** EVs to 100%. That was followed by the EU, which announced plans to impose duties on China-made EVs of up to 36.3%. Canada’s tariffs on ******** EVs will include those made by Tesla at its Shanghai factory. ******** car brands are still not a common sight in Canada but some, like BYD, have taken steps to enter the country’s market. This is the hidden content, please Sign In or Sign Up #Canada #impose #tariff #China #electric #vehicle #imports This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up Link to comment https://hopzone.eu/forums/topic/110336-canada-to-impose-100-tariff-on-china-electric-vehicle-imports/ Share on other sites More sharing options...
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