Article 6Q8KF Canada to follow US lead in imposing 100% tariff on Chinese electric vehicles

Canada to follow US lead in imposing 100% tariff on Chinese electric vehicles

by
Reuters
from World news | The Guardian on (#6Q8KF)

Trudeau also announces 25% tariff on imported steel and aluminum and says China is not playing by the same rules'

Canada, following the lead of the United States, on Monday said it would impose a 100% tariff on the import of Chinese electric vehicles and also announced a 25% tariff on imported steel and aluminum from China.

The prime minister, Justin Trudeau, said Ottawa was acting to counter what he called China's intentional, state-directed policy of over-capacity. But he did not specify whether tariffs would be softened or would be the same on Tesla, whose shares were down over 3% on Monday after the announcement.

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