Canada Takes Bold Stance with New Tariffs on Chinese Imports

Canada's Prime Minister, Justin Trudeau, announced on Monday that the country will implement a 100% tariff on Chinese electric vehicles and a 25% tariff on imported steel and aluminum from China. These measures aim to protect Canadian industries and respond to China's trade practices.


Devdiscourse News Desk | Updated: 26-08-2024 18:36 IST | Created: 26-08-2024 18:36 IST
Canada Takes Bold Stance with New Tariffs on Chinese Imports
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Prime Minister Justin Trudeau revealed on Monday that Canada will enact a 100% tariff on the import of Chinese electric vehicles.

In addition, Ottawa will impose a 25% tariff on imported steel and aluminum from China, according to Trudeau's statement to reporters in Halifax, Nova Scotia.

These tariffs are part of Canada's strategic response to protect domestic industries and address trade imbalances with China.

(With inputs from agencies.)

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