Prime Minister Justin Trudeau said on Monday that Canada will impose a 100 per cent tariff on the import of Chinese electric vehicles.
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Ottawa will also impose a 25 per cent tariff on imported steel and aluminum from China, Trudeau told reporters in Halifax, Nova Scotia.
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The tariffs come a little over a month after Ottawa opened a 30-day public consultation on Chinese EVs and related products, bringing it in line with the United States and the European Union.
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“I think we all know that China is not playing by the same rules,” Trudeau said.
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“What is important about this is we’re doing it in alignment and in parallel with other economies around the world,” he said.
Ottawa is trying to position Canada as a critical part of the global EV supply chain, and has come under pressure domestically to act against China.
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Canada has inked deals worth billions of dollars to bring in top European automakers in all parts of the EV supply chain to bolster its manufacturing heartland.
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(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
First Published: Aug 26 2024 | 7:32 PM IST