Tariff Challenges May Boost Canada’s Green Sectors

Reported 4 days ago

The trade war between the US and Canada poses significant challenges for achieving decarbonization, particularly with impending tariffs on various goods including electric vehicles and critical minerals. However, these tariffs could inadvertently benefit Canada's green industries, such as electric vehicle production, by raising costs for internal combustion engine vehicles more significantly than for EVs. Canada is also well-positioned to leverage its clean aluminum and steel production for future markets, underscoring the potential for growth in its clean technology sectors despite current trade tensions.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis