Canada accuses China of “unfair competition” and considers imposing new tariffs

by times news cr

The Government of Canada has now accused China of generating “unfair competition” and announced on Tuesday, September 10, that it is considering imposing new tariffs on batteries, technological products and minerals of Chinese origin.

Let us remember that a few weeks ago, Canada imposed New additional tariffs of 100 percent to electric vehicles manufactured by the Asian giant, which will come into effect on October 1st.

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“Today I am Announcing a 30-day consultation period (to assess tariffs) on imports into Canada from China of batteries, battery parts, semiconductors, critical minerals and metals and solar products,” the agency announced. Deputy Prime Minister, Chrystia Freeland, during a press conference in Nanaimo, British Columbia.

In a statement, his office accused China of unfair competition in these sectors, saying it “threatens Canadian workers and businesses.”

The consultation on “potential surcharges in response to unfair trade practices” by China, will seek industry input on the application tariffs and the timing of their eventual entry into force, he added.

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The Canadian government’s decision to raise customs duties on Chinese electric vehicles, announced in August, mirrors a similar move by the United States seeking to prevent a surge in sales of Chinese cars. Beijing-subsidized manufacturing in North America.

Ottawa also announced tariffs on imports of steel and aluminum from China.

In apparent retaliation, China announced last Tuesday the opening of an anti-dumping investigation on Canadian rapeseed, of which it is one of the main buyers.

(With information from AFP)

MC

2024-09-14 03:12:39

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