Canada to slap 100% tariff on Chinese electric vehicles
On August 26, 2024, 9:40 PM Prime Minister Justin Trudeau on Monday announced a 100% tariff on imports of Chinese-made electric vehicles, joining the United States and European Union in imposing higher duties. The decision was taken in response to what Ottawa identified as an effort by Chinese companies to generate a global oversupply. What the Canadian PM said “Actors like China have chosen to give themselves an unfair advantage in the global marketplace,” Trudeau said at a cabinet meet...