Canadian businesses can request relief from Chinese EV, metals tariffs

Canadian firms tin petition a impermanent remission of tariffs connected the imports of Chinese electrical vehicles, alloy and aluminum products, the concern ministry said connected Friday.

The ministry said in a connection that relief would beryllium granted nether circumstantial and exceptional circumstances. The measurement is designed to assistance firms set their proviso chains to header with the new tariffs, it said in a statement.

Canada announced the measures successful precocious August, citing China’s intentional, state-directed argumentation of over-capacity. A 100% surtax connected EVs was imposed connected Oct. 1 portion a 25% surtax connected alloy and aluminum products comes into effect connected Oct. 22.

“To guarantee that Canadian manufacture has capable clip to set proviso chains, remission volition supply alleviation … nether circumstantial and exceptional circumstances,” the ministry said.

“The national authorities volition see the due duration of remission, with intent to supply it connected a transitional ground lone successful astir cases,” according to the ministry.

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Remission would beryllium considered successful the pursuing cases:

*Situations wherever goods utilized arsenic inputs, oregon substitutes for those goods, cannot beryllium sourced either domestically oregon reasonably from non-Chinese sources.

*Where determination are contractual requirements, existing anterior to Aug. 26, 2024, requiring businesses to acquisition Chinese inputs into their products oregon projects for a specified play of time.

*Other exceptional circumstances, connected a case-by-case basis, that could person important adverse impacts connected the economy.

Remission volition not beryllium granted for goods intended for resale successful the aforesaid information to the United States.

—Reporting by David Ljunggren; Editing by Mark Porter