The potential of tariffs on Chinese electric vehicle imports is being welcomed by the Canadian head of General Motors as major producer BYD looks to enter the market.
“We’re encouraged by the government’s examination of these issues,” said Kristian Aquilina, president of GM Canada.
“Because on the basis of strong competition, a fair playing field, it encourages us to invest heavily, employ deeply.”
The federal government wrapped a 30-day consultation last week on whether to follow the lead of the U.S. and the European Union on imposing steep tariffs to counter the volume of production coming out of China…
This was excerpted from the 6 August 2024 edition of CBC News.