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recently, canada announced that it would impose a 100% tariff on electric vehicles imported from china, and a 25% tariff on steel and aluminum imported from china respectively.

in response, the ministry of commerce released a statement on its website on august 27. a spokesperson for the ministry of commerce said that canada has disregarded facts and world trade organization (wto) rules, ignored china's repeated solemn representations, and ignored opposition and dissuade from many parties, and has insisted on its own way. china is strongly dissatisfied with this and firmly opposes it.

in this regard, margit molnar, director of the china economic policy research office of the organization for economic cooperation and development (oecd), said in an interview with the first financial reporter: "i am an official of an international organization. we support free trade. we do not recognize either tariffs or non-tariff barriers, and we do not want to start taking such measures to restrict trade. no matter which country, we recommend lowering tariffs."

what signal do the frequent tariffs on china send?

in the past six months, european and american countries have taken measures to impose additional tariffs on china.

in may this year, the white house issued a statement saying that the biden administration announced additional tariffs on $18 billion worth of chinese goods, covering a number of strategic areas including steel and aluminum, electric vehicles, and semiconductors.

last month, the european union also released the final ruling on its anti-subsidy investigation into electric vehicles produced in china.

among them, the tax rate for byd was adjusted from 17.4% to 17%, the tax rate for geely automobile was adjusted from 19.9% ​​to 19.3%, and the tax rate for saic was adjusted from 37.6% to 36.3%. tesla, as a chinese exporter, will be subject to a separate tariff rate, which is currently set at 9%. the draft decided not to retroactively impose anti-subsidy duties.