Reported 2 days ago
The Canadian government is reviewing its 100% tariffs on electric vehicles from China, motivated by the need to balance local industry support and relations between Canada, the U.S., and China. These tariffs, which were implemented last year due to concerns about China’s auto practices, have led to significant import disruptions while fueling tensions with Beijing, which retaliated with tariffs on Canadian canola. As consultations progress, there's growing debate over whether to maintain these tariffs, with the auto industry defending them against the backdrop of broader economic implications for both the automotive and agricultural sectors.
Source: YAHOO