CANADA: Conservative Leader Wants Tarriffs On Chinese EVs

[world politics news]

Conservative Party Leader Pierre Poilievre has added his voice to those calling on Canada's federal government to impose tariffs on Chinese electric vehicles and associated parts.

Pres. Joe Biden announced in May that the U.S. would be imposing a new 100 per cent tariff on Chinese electric vehicles (EVs). Washington is also imposing tariffs on Chinese-made advanced batteries, solar cells, steel and aluminium used for EVs.

[FULL STORY HERE]

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#CHINA: Gov't Minister Says "Too Many" EV Companies, Signalling Consolidation

[world politics news]

China’s minister for industry and information technology, Xiao Yaqing, has told reporters that the country’s electric vehicle (EV) sector is too fragmented and in dire need of consolidation.

“Looking forward, EV companies should grow bigger and stronger. We have too many EV firms on the market right now,” Xiao said during a press conference, adding that the firms involved in China’s EV sector are “mostly small and scattered.”

The Communist Chinese government has often ignored the free market and use the concept of the command economy to consolidate industries.

[FULL STORY HERE]

World Politics News is dedicated to raising Americans' knowledge of political events, elections, and legislation throughout the world.