Canada Implements 100% Tariff on Chinese Electric Vehicles

Reported about 2 months ago

Canada has announced a 100% tariff on imports of Chinese-made electric vehicles, aligning with U.S. tariffs in response to unfair trade practices. Prime Minister Justin Trudeau indicated this move, along with a 25% tariff on Chinese steel and aluminum, is aimed at countering China's subsidies that create an unbalanced market. The decision follows discussions with U.S. officials to coordinate actions against perceived economic threats from China, which may provoke retaliatory measures in other sectors.

Source: YAHOO

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