China to take countermeasures against Canada's electric car tariffs
In response to Canada's approach, China intends to resort to the WTO dispute settlement mechanism and will launch the world's first anti-discrimination investigation。
China plans to resort to the WTO dispute settlement mechanism against Canada and will launch the world's first anti-discrimination investigation。
China will take countermeasures against Canada after Canada announced a 100% tariff on Chinese electric vehicles last month。
中国商务部新闻发言人今天在答问中表示，中方不顾多方反对和劝阻，对加拿大对华进口产品采取歧视性单边限制措施，表示强烈不满和坚决反对。 /p>China plans to resort to World Trade Organization (WTO) dispute settlement mechanism against Canadian practices。
According to the Q & A on Tariffs on Chinese Electric Vehicles, China will also launch an anti-discrimination investigation against the restrictive measures taken by Canada and will take corresponding measures against Canada based on the actual situation.。
Some Chinese state media reported that it would be the world's first anti-discrimination investigation.。
In addition, according to recent feedback from Chinese domestic industry sources, Canadian rapeseed exports to China have increased significantly and are suspected of dumping.。
By 2023, the amount will reach 34 percent, the spokesman added..$700 million, up 170% YoY, while prices continued to decline。
China's domestic industry continues to lose money due to unfair competition in Canada。
China will, in accordance with its domestic law and WTO rules, initiate an anti-dumping investigation against imports of rapeseed originating in Canada.。
The state will also initiate an anti-dumping investigation against Canadian chemical products based on domestic industry applications.。
China's attitude is very clear, will take all necessary measures to safeguard the legitimate rights and interests of Chinese enterprises。
Canada's Ministry of Finance announced on August 26 that it will impose a 100% tariff on all Chinese-made electric vehicles from October 1, 2024。
At present, the tariff on the export of Chinese-made electric vehicles to Canada is 6.1%。When the tariffs go into effect, the rate they face will rise to 106.1%。
Canada's move follows that of the United States and the European Union, which have announced additional tariffs on electric vehicles.。
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