China says it filed an appeal to WTO over Canada’s tariffs on EVs and metals

China says it filed an appeal to WTO over Canada’s tariffs on EVs and metals


Aerial view of new energy vehicles at Huaian BYD Industrial Co., Ltd. on August 26, 2024 in Huaian, Jiangsu Province of China. 

Zhao Qirui | VCG | Visual China Group | Getty Images

China on Wednesday announced that it has filed an appeal with the World Trade Organization, asking the organization to rule on the recent tariffs that Canada imposed on Chinese electric vehicles and metal products.

In August, Canada announced it would impose 100% import tariffs on China-made EVs, following in the footsteps of the U.S. and European Union in hitting Beijing with taxes over concerns related to unfair subsidies. The tariffs came into effect on Oct. 1.

China’s Ministry of Commerce in a statement alleged that Canada “insisted on following certain countries in taking unilateral repressive measures against China,” according to CNBC’s translation of the Chinese.

The ministry said it filed a lawsuit against what it called Canada’s “unilateralism and trade protectionist practices” with the WTO, adding that it also launched an anti-discrimination investigation into Ottawa’s restrictive measures.

These measures will “disrupt and distort the global industrial chain and supply chain,” the ministry added.

Canada’s Ministry of Foreign Affairs did not immediately respond to CNBC’s request for comment.



Source

South Korea scrambles to pass U.S. investment bill after Trump threatens higher tariffs
World

South Korea scrambles to pass U.S. investment bill after Trump threatens higher tariffs

The United States agrees to impose 15% tariffs on imports from South Korea under a trade deal for the vast majority of South Korean products, seen in this photo illustration in Brussels, Belgium, on August 1, 2025. Nurphoto | Nurphoto | Getty Images South Korea’s ruling Democratic Party said it would pass a special act […]

Read More
Asia markets seeing ‘unbelievable’ rush of capital, driving equity rallies and IPO frenzy
World

Asia markets seeing ‘unbelievable’ rush of capital, driving equity rallies and IPO frenzy

Lujiazui Business Districk in Pudong, Shanghai, China. Liqun Liu | Construction Photography | Hulton Archive | Getty Images Asian equity markets are attracting global investors, with a surge in initial public offerings, rising cross-border flows, and accelerating deal activity underscoring the region’s growing importance in global capital markets, according to senior executives at JPMorgan and Goldman Sachs. […]

Read More
Meta to test premium subscription plans for Instagram, Facebook and WhatsApp
World

Meta to test premium subscription plans for Instagram, Facebook and WhatsApp

Chinese officials are reviewing Meta’s $2 billion acquisition of AI startup Manus for possible technology control violations, FT reported on Tuesday. Sopa Images | Lightrocket | Getty Images Meta Platforms is set to test new subscription models across its apps, including Instagram, Facebook and WhatsApp in the coming months, according to a report from TechCrunch […]

Read More