Canadian government allows businesses temporary relief from new tariffs on Chinese EVs, steel, and aluminum.

The Canadian government is allowing businesses to seek temporary relief from new tariffs on imported Chinese electric vehicles (EVs), steel, and aluminum. This follows the announcement of a 100% tariff on EVs starting October 1 and a 25% tariff on metals from October 22. Relief may be granted under specific conditions, such as reliance on these imports. Finance Minister Chrystia Freeland cited unfair Chinese trade practices as a key reason for the tariffs.

October 18, 2024
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