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Tariff

All articles tagged with #tariff

Canada Expands Chinese EV Imports to 33,397 in Second Quota Phase
business1 month ago

Canada Expands Chinese EV Imports to 33,397 in Second Quota Phase

Canada’s Chinese EV import program increases the second-period cap to 33,397 vehicles (24,500 new plus 8,897 carried over from the first period), after 15,603 Chinese EVs were imported in March–August under a 24,500-cap first window. The move, under a broader Canada–China strategic partnership with a 6.1% MFN tariff, has Tesla and other brands as early beneficiaries while BYD, Chery, and Geely seek certification; authorities will monitor allocations to ensure fair access.

Trump Threatens 100% Tariff on Foreign-Made Movies
world1 year ago

Trump Threatens 100% Tariff on Foreign-Made Movies

President Donald Trump announced a plan to impose a 100% tariff on all foreign-made movies, citing tax incentives abroad and impact on California, though details and enforcement remain unclear. The move could significantly affect the film industry and international film production, with mixed reactions from Hollywood and the stock market.

Trump's 50% Copper Tariff to Impact Prices on Goods and Imports
business1 year ago

Trump's 50% Copper Tariff to Impact Prices on Goods and Imports

U.S. President Donald Trump announced a 50% tariff on copper starting August 1 to promote domestic industry development, citing national security concerns. The move aims to boost U.S. copper production, crucial for sectors like defense and electronics, amid reliance on imports from countries like Chile, Canada, and Mexico. The tariff follows a Section 232 investigation and is part of broader sectoral tariffs impacting costs for American consumers.