Electric Cars
Canada Imposes 100% Tariffs on Chinese Electric Vehicles and 25% Levy on Steel Imports
Canadian Prime Minister Justin Trudeau has announced plans to impose new tariffs on imports from China. The tariffs include a 100% tax on Chinese electric car imports, as well as a 25% surtax on imports of steel and aluminum products from China. This move is seen as a response to concerns that China is trying to export its way out of economic difficulties. The tariffs are set to be implemented, with the 25% surtax on steel and aluminum products taking effect on October 15.
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