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.
Canada will impose tariffs on Chinese products starting in early 2025, following previous duties on electric vehicles, steel, and aluminum.
The update, presented on Monday, revealed that Canada would apply tariffs on certain solar products and critical minerals from China early next year. Tariffs on semiconductors, permanent magnets, and natural graphite are expected to follow in 2026.
The Canadian government stated that these measures aim to prevent Chinese non-market trade practices from distorting markets in Canada and North America. Prime Minister Justin Trudeau’s government has criticized China's oversupply and over-capacity policies, arguing that Canada needs to protect local jobs from cheap Chinese imports.
This action also aligns with Canada's position against China, which has been used as leverage in trade talks with the US, particularly with President-elect Donald Trump, who has threatened 25% tariffs on Canadian goods if the flow of drugs and illegal immigrants across the border is not stopped.
The fiscal update did not specify the exact products that will be affected or the extent of the new duties, but additional details are expected soon.
Iran’s Revolutionary Guards (IRGC) said on Wednesday they attacked two U.S. vessels and eight oil tankers in the Persian Gulf, calling the st...
Four people were killed, including a child, in Ukrainian strikes on the Russian port city of Novorossiysk overn...
North Korea has built a new uranium enrichment facility at its Yongbyon nuclear complex in the northwest of the country and begun operating an expa...
Four people were killed, including a child, in Ukrainian strikes on the Russian port city of Novorossiysk overnight, according to the governor of the Krasnodar region. Ukraine's drone forces commander, Robert Brovdi, said Russian military ships were destroyed in the attacks.
A TV channel was struck during a live broadcast on Tuesday, Ukrainian President Volodymyr Zelenskyy said, as Russian strikes on Kyiv killed at least three people, the city's Mayor Vitali Klitschko said. Meanwhile, drones hit civilian infrastructure in Russia's southwestern Saratov region.
U.S. Central Command (CENTCOM) said its forces destroyed five Iranian crude oil carriers after the Islamic Revolutionary Guard Corps (IRGC) allegedly launched two ballistic missile attacks against a U.S. Navy warship over the past two days.
U.S. special envoys Jared Kushner and Steve Witkoff have held talks with Ukrainian President Volodymyr Zelenskyy in Kyiv on Sunday on efforts to end Russia’s war in Ukraine.
Indonesia has reopened Jakarta's main airport and four others after volcanic ash from Mount Anak Krakatau forced widespread flight cancellations, though fresh eruptions have kept authorities on alert.
Four people were killed, including a child, in Ukrainian strikes on the Russian port city of Novorossiysk overnight, according to the governor of the Krasnodar region. Ukraine's drone forces commander, Robert Brovdi, said Russian military ships were destroyed in the attacks.
North Korea has built a new uranium enrichment facility at its Yongbyon nuclear complex in the northwest of the country and begun operating an expanded site at Kangson, near the capital Pyongyang, the United Nation’s nuclear watchdog has said.
Israel has ordered the closure of the British consulate in East Jerusalem and banned 12 British nationals from entering the country, escalating a diplomatic row with London over Israeli settlements in the West Bank.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for the 9th of September, covering the latest developments.
The United States has announced a ban on a range of Canadian products, including alcoholic beverages, dairy goods and motorcycles, as retaliatory Canadian tariffs on U.S. imports take effect.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment