Canada to implement 25% surtax on Chinese steel, aluminum; 100% on EVs

Canada intends to apply a 25% surtax on imports of steel and aluminum from China and a 100% surtax on all Chinese-made electric vehicles in October in an effort to protect its domestic industries from alleged unfair trade practices, the government said Aug. 26. The surtax on EVs is to take effect Oct. 1, while the 25% surtax on Chinese…Canada intends to apply a 25% surtax on imports of steel and aluminum from China and a 100% surtax on all Chinese-made electric vehicles in October in an effort to protect its domestic industries from alleged unfair trade practices, the government said Aug. 26. The surtax on EVs is to take effect Oct. 1, while the 25% surtax on Chinese…Read More