Western Standard - August 26, 2024


Canada Imposes 100% Tariff on Chinese EVs


Episode Stats


Length

2 minutes

Words per minute

115.73555

Word count

241

Sentence count

15

Harmful content

Hate speech

1

sentences flagged


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

Learn English with Justin Trudeau. Prime Minister Justin Trudeau delivers a speech on the impact of China's trade policies on Canada's economy and trade relations with the United States, and the need for a strong Canada in the 21st century.

Transcript

Transcript generated with Whisper (turbo).
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
00:00:00.080 Over the summer, we saw inflation return to normal, and now interest rates are coming down.
00:00:07.800 Our books are the envy of the developed world.
00:00:11.640 Within the G7, Canada has the lowest deficit and the lowest net government debt.
00:00:17.900 And in terms of foreign investment, we are top three in the world
00:00:21.460 and number one per capita in the G20 for foreign direct investment.
00:00:26.660 Companies around the world are taking an interest in investing in Canada
00:00:31.900 to make things in Canada more than just about any other country.
00:00:36.520 So today, we're taking yet another step to ensure that Canada is the country of choice
00:00:42.420 to make the things that'll drive the new 21st century green economy.
00:00:47.800 We're listening to automakers. We're listening to workers.
00:00:50.760 Shortly, we will be introducing a 100% tariff on Chinese-made electric vehicles
00:00:58.800 and a 25% tariff on Chinese steel and aluminum.
00:01:04.360 See, because of our government's choices and the hard work of hundreds of thousands of Canadian autoworkers,
00:01:17.420 we are transforming Canada's automotive sector to be a global leader in building the vehicles of tomorrow.
00:01:36.780 But actors like China have chosen to give themselves an unfair advantage in the global marketplace, 0.93
00:01:43.820 compromising the security of our critical industries
00:01:46.980 and displacing dedicated Canadian autos and metal workers.
00:01:52.240 So we're taking action to address that.
00:01:55.800 We actually spent some time talking about that and many other geopolitical issues last night
00:02:01.180 with Jake Sullivan, the U.S. National Security Advisor.