Canada plans to impose tariffs on a range of Chinese products starting in early 2025, according to the government's fiscal update. This move is part of an ongoing investigation into imports from China, following previous tariffs on Chinese electric vehicles, steel, and aluminum.
Chinese automakers are boosting hybrid exports to Europe, bypassing EV tariffs and offering affordable models to meet rising demand amid growing competition in the market.
U.S. President-elect Donald Trump met with Canadian PM Justin Trudeau, discussing trade, energy, and immigration amid fears of a trade war sparked by proposed tariffs on Canadian and Mexican imports.
Mexico warns that U.S President-Elect Donald Trumps tariff increase would kill four hundred thousand U.S jobs. The economy Minister Marcelo Ebrard also warns that they will retaliate.
Donald Trump plans steep tariffs on Canada, Mexico, and China, sparking trade war fears and raising concerns over USMCA violations and global economic impacts.
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