US supports Canada’s move to impose trade restrictions on Chinese exports
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Economic newsAugust 30, 20241 min read

US supports Canada’s move to impose trade restrictions on Chinese exports

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The US Trade Representative has expressed strong support for Canada’s decision to impose 100% tariffs on Chinese-made electric vehicles and 25% on Chinese steel and aluminum, as she finalizes planned US restrictions at similar rates. In a statement from her office on Thursday, Katherine Tai commended Canada’s decision to take strong action against state-backed, unfair and anti-competitive policies and practices that she said threaten the existence of domestic industries and hamper competitiveness in the three industries. “We share Canada’s concerns about China’s unfair practices and failure to uphold workers’ rights, enforce environmental protections, and promote fair, market-oriented competition,” Tai said. This comes ahead of an expected US announcement of tariffs on Chinese exports in late August, including 100% tariffs on electric vehicles, 50% on semiconductors and solar cells, and 25% on lithium-ion batteries.

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