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Canada threatens to impose tariffs on U.S. goods over EV tax credit plan -Breaking

by Mike Robinson

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© Reuters. FILEPHOTO: The Canada-United States border crossing is seen at Thousand Islands Bridge in Lansdowne. Ontario, Canada. September 28, 2020. REUTERS/Lars HaberG/File Photograph

OTTAWA (Reuters), Canada threatens to impose tariffs against a wide range of American exports if U.S. lawmakers approve a plan for a credit to domestic electric-vehicle manufacturers. A measure Ottawa strongly opposes.

Canada’s Finance and Trade Ministers wrote to Congress and the U.S. Senate, stating that if they couldn’t resolve the problem, Ottawa would launch a dispute resolution process in accordance with the U.S.-Mexico Canada trade agreement.

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