this post was submitted on 26 Aug 2024
107 points (97.3% liked)

Canada

7215 readers
508 users here now

What's going on Canada?

Communities

🍁 Meta

🗺️ Provinces / Territories

🏙️ Cities / Local Communities

🏒 SportsHockey

Football (NFL)

  • List of All Teams: unknown

Football (CFL)

  • List of All Teams: unknown

Baseball

Basketball

Soccer

💻 Universities

💵 Finance / Shopping

🗣️ Politics

🍁 Social and Culture

Rules

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage:

https://lemmy.ca

founded 4 years ago
MODERATORS
otter@lemmy.ca
107
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
55 comments fedilink hide all child comments
 

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.

you are viewing a single comment's thread
view the rest of the comments
[–] Transporter_Room_3@startrek.website 7 points 2 months ago

My hope: increased costs make people demand domestic manufacturing, companies and governments actually listen and decide import costs aren't worth it and move all manufacturing back inside their own borders.

Politicians like to bullshit about "job creation" all day, but this, massively expanding domestic manufacturing capabilities, would create more jobs than any program put out since WWII.