Canada Allows Tariff Relief Requests for Chinese EVs and Metals
Businesses can seek exemptions from tariffs on Chinese goods to adjust supply chains amid trade tensions.
- Canadian businesses can apply for temporary tariff remission on Chinese electric vehicles, steel, and aluminum products.
- The tariffs, announced in August, include a 100% surtax on EVs effective October 1 and a 25% surtax on steel and aluminum starting October 22.
- Requests for remission will be considered under specific circumstances, such as lack of alternative sources or pre-existing contractual obligations.
- The move follows similar U.S. tariffs and aims to counter China's alleged unfair trade practices and environmental standards.
- China has filed a complaint with the World Trade Organization and is investigating Canadian canola imports in response.