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Aluminum Association praises Canada for mirroring the US 25% tariff on Chinese aluminium

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Update time : 2024-09-02 16:05:18
Following the news on the Canadian Government’s plan to imitate the United States tariffs on Chinese aluminium, steel, and electric vehicles, the Aluminum Association released a statement applauding and welcoming a 25 per cent additional tariff on certain aluminium and aluminium products imported from China.

Although the plan is awaiting public review, the tariffs are estimated to be implemented from October 1 and 15, 2024. This move coming into effect in Canada will mark a significant step towards creating fairer trade practices in the North American aluminium market.

The United States and Canada are employing these additional tariffs, like 25 per cent on aluminium and steel and 100 per cent on electric vehicles, to address the unfair trading caused by the influx of cheap Chinese products, which has impacted domestic aluminium producers.

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