TapTechNews August 27th news, the Canadian government announced on Monday local time that it will impose a 100% tariff on electric vehicles imported from China. To match the tariff of the United States and follow the similar plan announced by the European Commission.
TapTechNews learned from CCTV News that the spokesperson of the Ministry of Commerce stated regarding Canada's proposed restrictive measures on Chinese electric vehicles and other commodities:
On August 26th, the Canadian side released an announcement stating that it will adopt restrictive measures such as imposing tariffs on electric vehicles and steel and aluminum products imported from China. The Canadian side disregards the facts and WTO rules, ignores China's repeated solemn representations, and insists on going its own way regardless of the opposition and dissuasion from many parties. China expresses strong dissatisfaction and firm opposition to this.
China has repeatedly emphasized that the development of China's electric vehicle and other industries is based on its own comparative advantages and is the result of open competition. Chinese electric vehicles are welcomed by global users including Canadian consumers and have made great contributions to global responses to climate change and green transformation.
The Canadian side claims to support the multilateral trading system based on free trade and WTO rules, but blatantly violates WTO rules and blindly follows individual countries, announcing that it will take unilateral tariff-raising measures, which is a typical trade protectionism. The Canadian side's move will disrupt the stability of the global industrial chain and supply chain, seriously damage the global economic system and trade rules, seriously impact Sino-Canadian economic and trade relations, harm the interests of enterprises in both countries, affect the welfare of Canadian consumers, and undermine the efforts of Canada's green transformation and global responses to climate change.
China urges the Canadian side to immediately correct its wrong practices. China will take all necessary measures to firmly defend the legitimate rights and interests of Chinese enterprises.