China Accuses Canada of Protectionism Over 100% Tariffs on Electric Vehicles: U.S. News & World Report

China has accused Canada of protectionism after the country announced it would impose 100% tariffs on electric vehicles imported from China. The move has sparked a heated debate between the two countries, with Canada defending its decision as necessary to protect its domestic electric vehicle industry.

The tariffs, which were announced earlier this week, are set to go into effect immediately and will apply to all electric vehicles imported from China. Canadian officials have argued that the tariffs are necessary to level the playing field for domestic electric vehicle manufacturers, who have been struggling to compete with cheaper Chinese imports.

However, China has slammed the move as protectionist and unfair, accusing Canada of trying to stifle competition and protect its own industry at the expense of Chinese companies. Chinese officials have warned that they may retaliate with their own tariffs on Canadian goods if the situation is not resolved quickly.

The dispute comes at a time of increasing tensions between China and Canada, with the two countries locked in a bitter trade war that shows no signs of abating. The imposition of tariffs on electric vehicles is just the latest development in a series of tit-for-tat measures taken by both sides in recent months.

As the situation continues to escalate, both countries are facing increasing pressure to find a resolution and avoid further damage to their already strained relationship. The world will be watching closely to see how this latest trade dispute unfolds and what impact it will have on the global economy.