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Wednesday 15 December 2021
Canada threatens to retaliate against U.S. over EV tax credit
Canada is threatening to retaliate with targeted tariffs on U.S. goods if tax incentives for electric vehicles produced by unionized American workers aren’t removed from the Biden administration’s Build Back Better Act.
The threat — a significant escalation in Canada’s message on the issue — was made in a letter Friday to U.S. lawmakers by Canadian Deputy Prime Minister Chrystia Freeland and Trade Minister Mary Ng.
They say Canada is prepared to publish a list of potentially targeted goods “in the coming days” if the matter isn’t resolved.
Read the whole news on driving.ca