Canada mulls surtax on Chinese critical mineral products, batteries, solar products

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Canada mulls surtax on ******** critical mineral products, batteries, solar products

OTTAWA (Reuters) – Canada said on Tuesday it was considering a potential surtax on ******** critical mineral products, batteries and parts, solar products, and semiconductors, a move which could prompt more retaliation from Beijing.

Canada announced last month it would impose a 100% tariff on imports of ******** electric vehicles and announced a 25% tariff on steel and aluminum from China.

The finance ministry said in a statement it was launching a 30-day public consultation ******* on the potential surtax. It ran a similar exercise before the first tariff announcement.

“********* workers, the auto sector, and related critical manufacturing supply chains currently face unfair competition from ******** producers, who benefit from China’s intentional, state-directed policy of overcapacity,” it said.

A ******** embassy spokesperson described the ********* announcement as “expanding its unilateralism and protectionism measures”, adding that “China strongly opposes such measures and will continue to take resolute measures to defend its legitimate rights.”

China, which deplored the tariffs unveiled in August, announced on Monday the start of a one-year anti-dumping investigation into imports of rapeseed from Canada.

(Reporting by David Ljunggren; Editing by William Maclean and Deepa Babington)

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