this post was submitted on 26 Aug 2024
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Canada imposes a 100% tariff on imports of Chinese-made electric vehicles, matching the US (apnews.com)
submitted 2 months ago by girlfreddy@lemmy.ca to c/canada@lemmy.ca
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Canada’s government on Monday announced it is imposing a 100% tariff on imports of Chinese-made electric vehicles that matches U.S. tariffs and follows similar plans announced by the European Commission.

The announcement followed encouragement by U.S. national security advisor Jake Sullivan during a meeting with Canadian Prime Minister Justin Trudeau and cabinet ministers on Sunday. Sullivan is set to make his first visit to Beijing on Tuesday.

Trudeau said Canada also will impose a 25% tariff on Chinese steel and aluminum.

“Actors like China have chosen to give themselves an unfair advantage in the global marketplace,” he said.

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[–] streetfestival@lemmy.ca 9 points 2 months ago

The plutocrats only want a free market when it serves their immediate interests. Default on their loans? They lobby for a bailout funded by taxpayers, of course. Can't compete with another country and keep their profit margins high enough to their investors' liking, they cry for regulation like this right here. The interests of working Canadians are perpetually sacrificed for the plutocrats - grocery, telecomm, oil and gas, real estate/housing, now this