China seeks to avoid tariffs on its batteries in Canada

by times news cr

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He Ministry of Commerce of China warned that the intention of Canada to impose additional tariffs on their batteriestechnological products and critical minerals is “dangerous,” according to state media.

On Tuesday, the North American country announced a 30-day consultation period on this measure, which would be added to the additional tariffs of 100% on electric vehicles manufactured in China which will apply from 1 October.

A Chinese ministry spokesman said the proposal was “dangerous and irresponsible,” according to the state news agency. XinhuaSuch a measure will seriously impact economic and trade relations and also undermines the global economic system and trade rules, the spokesman added.

The office of the Canadian Deputy Prime Minister, Chrystia Freeland, He justified these tariffs by unfair tax competition from China, which, in his opinion, threatens workers and businesses in the American country.

2024-09-18 07:31:34

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