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May 22, 2024

Canada Plans To Raise Tariffs On Chinese Produced Electric Cars

Canada plans to raise tariffs on Chinese produced electric cars
Recently, Canadian Minister of Export Promotion, International Trade and Economic Development, Wu Fengyi, stated in a telephone interview that Canada is considering whether to increase tariffs on electric vehicles made in China. Currently, Canada imposes a small tariff of approximately 6% on Chinese cars. Wu Fengyi said that the Canadian government is discussing policies with US officials, "we are definitely considering this issue."

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