Canada's Tariffs on Chinese Electric Vehicles Spark Controversy
Canada's decision to impose a 100% tariff on Chinese electric vehicles, along with a 25% tariff on Chinese steel and aluminum, has been met with strong opposition from China. The Chinese embassy in Canada has expressed concerns that this move will damage economic ties and harm Canadian consumers and businesses.
- Country:
- China
Canada's recent move to impose a 100% tariff on imports of Chinese electric vehicles has drawn ire from China, which argues the action will undermine economic and trade relations between the two countries. The Chinese embassy in Canada declared in a late Monday statement that China 'strongly deplores and resolutely opposes' the tariffs.
On the same day, Canada also introduced a 25% tariff on Chinese steel and aluminum imports. This combination of tariffs marks a significant escalation in trade tensions between the nations.
The embassy emphasized that the tariffs would not only harm bilateral economic ties but also negatively impact Canadian consumers and businesses. The full ramifications of these tariffs are yet to be seen.
(With inputs from agencies.)