US trade chief Tai lauds Canada’s steep new tariffs on Chinese EVs and metals

US trade chief Tai lauds Canada’s steep new tariffs on Chinese EVs and metals

US Trade Representative Katherine Tai on Thursday gave a strong endorsement to Canada’s decision to impose a 100 per cent tariff on Chinese-made electric vehicles and 25 per cent on Chinese steel and aluminium as she finalises US duties planned at similar rates. In a statement issued by her office, Tai applauded Canada’s decision to … Read more

Canada to impose 100% tariffs on China-made EVs, 25% levy on steel, aluminium, matching US

Canada to impose 100% tariffs on China-made EVs, 25% levy on steel, aluminium, matching US

The move comes as major trading nations in North America, Asia and Europe, among others, express concern that Beijing is trying to export its way out of its own economic difficulties by shipping goods overseas at fire-sale prices. In June, Trudeau’s government initiated a 30-day consultation period on the proposed tariffs. Canadian Deputy Prime Minister … Read more