Canada to start 30-day consultation to impose surtax on Chinese electric vehicles

  • 📰 AP
  • ⏱ Reading Time:
  • 16 sec. here
  • 13 min. at publisher
  • 📊 Quality Score:
  • News: 48%
  • Publisher: 51%

Electric Vehicles News

Canada,China Government,General News

Canada's government is investigating whether to impose a surtax on imports of Chinese-made electric vehicles. A 30-day consultation on the issue will begin July 2 to counter what Deputy Prime Minister Chrystia Freeland said Monday is a clear effort by Chinese companies to generate a global oversupply.

A 30-day consultation on the issue will begin on July 2 to counter what Deputy Prime Minister Chrystia Freeland said Monday is a clear effort by Chinese companies to generate a global oversupply.

“Our automotive sector supports nearly 550,000 good paying Canadian jobs,” Freeland said. “Canadian workers and the auto sector are facing unfair competition from China’s intentional state directed policy of overcapacity that is undermining Canada’s EV sector ability to compete in domestic and global markets.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 728. in ENERGY

Energy Energy Latest News, Energy Energy Headlines