The New York Times on Nostr: The Big Number: 100 Percent ========== On August 30, 2024, Canadian Prime Minister ...
The Big Number: 100 Percent
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On August 30, 2024, Canadian Prime Minister Justin Trudeau announced a 100 percent tariff on electric vehicles (E.V.s) made in China, effective in October. This decision follows similar tariffs by the European Union and the United States aimed at protecting domestic auto industries from heavily subsidized Chinese imports. Critics argue that these tariffs will reduce the availability of affordable E.V.s for consumers, hindering the transition to emission-free vehicles. Joanna Kyriazis from Clean Energy Canada stated that the tariffs will lead to less competition and increased climate pollution.
#Canada #ElectricVehicles #Tariff #TradeWar #China #JustinTrudeau #ClimateChange #AutomotiveIndustry #Subsidies #CleanEnergy
https://www.nytimes.com/2024/08/30/business/the-big-number-100-percent.html
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On August 30, 2024, Canadian Prime Minister Justin Trudeau announced a 100 percent tariff on electric vehicles (E.V.s) made in China, effective in October. This decision follows similar tariffs by the European Union and the United States aimed at protecting domestic auto industries from heavily subsidized Chinese imports. Critics argue that these tariffs will reduce the availability of affordable E.V.s for consumers, hindering the transition to emission-free vehicles. Joanna Kyriazis from Clean Energy Canada stated that the tariffs will lead to less competition and increased climate pollution.
#Canada #ElectricVehicles #Tariff #TradeWar #China #JustinTrudeau #ClimateChange #AutomotiveIndustry #Subsidies #CleanEnergy
https://www.nytimes.com/2024/08/30/business/the-big-number-100-percent.html