“We’re shifting in lockstep with key worldwide companions to guard Canadian staff and companies in our metal and aluminum sectors from China’s intentional, state-directed coverage of overcapacity and oversupply,” Finance Minister Chrystia Freeland mentioned in a information launch.
The tariffs will apply to a protracted record of things together with ingots, coils, wires, bars and rods. Items which are already in transit on Oct. 22 might be exempt.
The federal government mentioned it plans to evaluate the measures inside the subsequent yr, at which level they could be prolonged or “supplemented by extra measures.”
Canada, an financial system that depends closely on commerce with the US, has been intently monitoring the Biden administration’s strikes towards Chinese language EVs, batteries, photo voltaic cells, metal and different merchandise.
Canada’s surtax on electrical autos takes impact Tuesday and consists of sure hybrid passenger vehicles, vehicles, buses and supply vans.
(By Erik Hertzberg)