“I think we all know that China is not playing by the same rules,” Trudeau stated, emphasizing the need for coordinated action against perceived nonmarket practices.
Trudeau announced a 100 percent tariff on Chinese electric vehicle imports, stating that Canada is aligning its trade actions with those of the US and other allies.
Overcapacity refers to a surplus in industrial production, and Chinese EV makers have been accused of flooding markets by using government subsidies, impacting local brands.
Ottawa is exploring further punitive measures against China, including tariffs on chips and solar cells, as part of a broader strategy to counteract unfair trade practices.
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