That is the third time China has introduced EV tariffs to the WTO this 12 months, following circumstances in opposition to the US in March and the European Union in August. As China’s exports rise to counter its slowing home financial system, extra international locations are elevating or considering tariffs on Chinese language items.
Canada introduced final week it will impose 100% tariffs on Chinese language-made EVs efficient Oct. 1. The brand new tariff may even apply to sure hybrid passenger automobiles, vehicles, buses, and supply vans, along with the present 6.1% tariff on Chinese language EVs. A 25% levy on Chinese language metal and aluminum will go into impact on Oct. 15.
Beijing has additionally began an anti-dumping probe into rapeseed imports from Canada, the Commerce Ministry mentioned this week, including that China will take all vital actions to safeguard the authentic rights and pursuits of Chinese language firms.
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