Canada to announce tariff plan for Chinese EV, battery imports after moves by U.S., Europe

News Snapshot:

Open this photo in gallery: Finance Minister Chrystia Freeland speaks during a news conference in Ottawa, on June 18.Adrian Wyld/The Canadian Press Finance Minister Chrystia Freeland is expected to announce this morning a plan for potential tariffs to protect Canada’s electric vehicle supply chain from unfair Chinese competition. Freeland and International Trade Minister Mary Ng are making a joint announcement this morning following moves this spring by both the United States and Europe to hike import tariffs on Chinese-made EVs. Before Canada can impose new tariffs, an anti-subsidy investigation must be completed by the Canadian International Trade Tribunal. Currently, the...