From china. This is on top of the most favoured nation tariff of 6. 1 already slapped onto chinese produced evs that are imported into canada. Now, the government also intends to apply a 25 tariff on imports of steel and aluminium products from china. Canadas finance minister, chrystia freeland, says these measures were about protecting domestic producers. The reality is china has an intentional state directed policy of overcapacity and oversupply, designed designed to cripple our own industries. Talk to the steel sector. Talk to the aluminium sector to understand how effective that has already been. We simply will not allow that to happen to our ev sector. The auto tariffs bring canada in line with its southern neighbour. The us introduced 100 tariffs on chinese made evs in may whilst the eu is also imposing higher tariffs. It comes after Us National Security advisorjake sullivan, whos en route to beijing, touted the need for a united front on tariffs when he met Withjustin Trudeau an
Its a move that could exacerbate Trade Tensions between western countries and china. From october, canada will impose 100 tariffs on Electric Vehicles from china. This is on top of the most favoured nation tariff of 6. 1 already slapped on to chinese produced evs that are imported to canada. The government also intends to apply a 25 tariff on imports of steel and aluminium products from china. Canadas finance minister, chrystia freeland, said these measures were about protecting its domestic producers. The reality is china has an intentional, state directed policy of overcapacity and oversupply, designed designed to cripple our own industries. Talk to the steel sector, talk to the aluminium sector to understand how effective that has already been, and we simply will not allow that to happen to our ev sector. The auto tariffs bring canada in line with its southern neighbour. The us introduced 100 tariffs on chinese made evs back in may, whilst the eu is also imposing higher tariffs. It
Thats a lame excuse they say there is a clear commitment and that is why they hope the company will publish the this particular contract today for everyone to see that the promises that have been made to the e. U. Are unfulfilled so that the e. U. Not know that the u. K. Would have priority and is was the lack of Due Diligence on the on the use part or should i have told them. There from from the perspective of the e. U. There is a lack of information though the key issue for them is that if you cut the vaccine supply that was promised by contract by more than half by 60 percent you need to come up with some some really good reasons for that and those reasons have been given apparently there is a problem in the supply chain on the european side in effect 3 in belgium but from the perspective of the e. U. Arsenic as a club a company theyre producing as far away as india and if they have supply problems that bug needs to be shared by all the countries that they are at handing out their v
Has just introduced a control mechanism for companies producing vaccines tell us a little bit more about that if you want its a bit of a warning shot for other companies and pfizer of biotech is also a company that has suddenly confronted the u. S. Supply a problem so what the use is has introduced is a mechanism whereby companies a you can track now to what extent companies are exporting vaccines that are being produced inside the e. U. The u. S. Made clear today this is only an insurance policy they do not want to get involved into any sort of vaccine protectionism or to export bounce but it is clear that they are flexing their muscles to show those tech or from a suitable dions that they do mean business here. Georg not as in brussels for us thank you so much. The astra zeneca vaccine is one of 3 being used as part of britains vaccination drive the country has one of the highest death tolls in the world but as we have heard it is also making more progress than many other countries e
Even the europes closest neighbors in the western balkans have yet to see the bloc deliver on pledges to help here to chinese and russian vaccines are filling the void the European Union have that they wanted their Global Public good they wanted to ensure a quick bloc there but were just seeing even today and yesterday then you know suggesting or threatening that there might be export bans on the coronavirus back in the e. U. And so obviously thats very concerning sign of buckley nationalism here and brussels Officials Say humanitarian vixen donations will be exempt from tougher export controls they promise help will come soon to say that the e. U. Is not doing anything i think its is really not correct that we are actually in discussion both with the Member States but also with the pharmaceutical companies in order precisely to help this advance the e. U. Was quick to call for Global Cooperation against a pandemic but so far its been too slow to live up to promises of global solidarit