Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Canada to Hit China with More Tariff on EVs - Bloomberg News
Aug 26, 2024
Brian Platt, Bloomberg News Canadian Government Reporter joins Alix Steel and Paul Sweeney on Canada hitting China EVs with tariffs and how this decision will effect the US, Canadian relationship.
Brian Platt, Bloomberg News Canadian Government Reporter joins Alix Steel and Paul Sweeney on Canada hitting China EVs with tariffs and how this decision will effect the US, Canadian relationship.
Related CBC article, Trudeau says Canada will slap big tariffs on Chinese-made EVs:
Prime Minister Justin Trudeau announced Monday Canada will impose punitive tariffs on Chinese-made electric vehicles — copying a similar initiative that the U.S. is already pursuing to stop a flood of what's been described as unfairly state-subsidized cars.
Trudeau made the announcement at the federal cabinet retreat in Halifax where ministers are meeting to craft a strategy for the year ahead — the last year before an expected federal election in October 2025.
Amid industry pressure to copy the U.S. program, Trudeau said a 100 per cent surtax will be levied on all Chinese-made EVs, effective Oct. 1. The tariff would effectively double the price of imported vehicles, as it is expected most of the tax would be passed on to consumers.
Trudeau made the announcement at the federal cabinet retreat in Halifax where ministers are meeting to craft a strategy for the year ahead — the last year before an expected federal election in October 2025.
Amid industry pressure to copy the U.S. program, Trudeau said a 100 per cent surtax will be levied on all Chinese-made EVs, effective Oct. 1. The tariff would effectively double the price of imported vehicles, as it is expected most of the tax would be passed on to consumers.