|
2024-08-28 Great White North
|
|
Canada to impose 100% tariff on China electric vehicle imports
|
[BBC] Canada says it will impose a 100% tariff on imports of China-made electric vehicles (EV) after similar announcements by the US and European Union.
The country also plans to impose a 25% duty on Chinese 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 Canadian Prime Minister Justin Trudeau.
Canada's duties on Chinese EVs are due to come into effect on 1 October, while those on steel and aluminium will be implemented from 15 October.
A Chinese Commerce Ministry spokesperson said Canada's actions "seriously undermine the global economic system, and economic and trade rules".
"China urges the Canadian side to immediately correct its erroneous practices," they added.
China is Canada's second-largest trading partner, behind the US. 
|
Posted by Skidmark 2024-08-28 00:00||
||
Front Page|| [11130 views ]
Top
File under: Commies
|
|
06:28 Grom the Affective
06:25 Grom the Affective
06:23 Besoeker
06:23 Grom the Affective
06:20 Grom the Affective
06:15 Grom the Affective
06:12 Grom the Affective
06:05 MikeKozlowski
05:52 NN2N1
05:38 Skidmark
05:34 NN2N1
05:26 Skidmark
05:19 Skidmark
04:53 Grom the Affective
04:48 no mo uro
04:39 Seeking Cure For Ignorance
04:04 Grom the Affective
02:32 Fairbanks
00:43 Skidmark
00:24 Skidmark
00:19 EMS Artifact
00:06 Rambler
00:03 Rambler
|
