UPDATE: Canada allows tariff exemption on Chinese EVs, steel, aluminum

Source: Mysteel Oct 23, 2024 16:30

The Canadian federal government announced on October 18 that businesses can now request exemptions from surtaxes on electric vehicles (EVs), steel, and aluminum products imported from China, according to an official statement.

The country's Ministry of Finance stated that these remissions will offer relief from surtaxes or provide refunds for those already paid, providing its domestic industry more time to adjust supply chains. The exemption also applies to potential future surtaxes on critical manufacturing sector products. The government will assess the appropriate duration for these remissions. Canada has