Start Date: 2024-10-12
End Date: 2024-10-18

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Canada Launches Tariff Remission Process for Chinese Imports

The Canadian government announced a tariff remission process for businesses importing certain goods from China, including electric vehicles, steel, and aluminum. This move follows the imposition of surtaxes to protect Canadian industries from unfair Chinese trade practices. The remission process allows businesses to request relief from these surtaxes under specific conditions, such as the inability to source goods domestically. This is intended to aid businesses in adjusting their supply chains while maintaining competitiveness. Requests for remission will be prioritized if submitted by November 8, 2024.

Sources: ['Announcements: www.canada.ca']