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Your daily horoscope: May 9, 2025

  IF TODAY IS YOUR BIRTHDAY A change of direction is a must this year as you have reached the end of your current journey and need a new challenge. Make a break with the past and make it one that cannot be reversed. Move forward fast and don’t look back. ARIES (March 21 - April 20): Someone you meet on your travels will catch your eye and maybe your heart as well. If it’s true that opposites attract you could find yourself getting close to someone whose charms are very different to your own – and remarkably the relationship will work. TAURUS (April 21 - May 21): Someone you think of as a friend will say something today that annoys you intensely. It may be the case though that they can see things that you cannot, so be open to what they tell you. They could be doing you a very big favor. GEMINI (May 22 - June 21): If you listen too much to other people’s advice today you could end up facing in several directions at once and ultimately getting nowhere. Pay attention to what friends a...

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Canada to Introduce Tariffs on Chinese EVs and Batteries in Response to U.S. and Europe

Finance Minister Chrystia Freeland is set to announce a plan to safeguard Canada’s electric vehicle (EV) supply chain from unfair Chinese competition. This move follows similar actions by the United States and Europe, which have raised import tariffs on Chinese-made EVs. 

The Canadian International Trade Tribunal will complete an anti-subsidy investigation before new tariffs can be imposed. Currently, Canada only imports Chinese-made Teslas produced at the U.S. tech giant’s Shanghai factory. However, China plays a significant role in supplying batteries and battery components for EVs globally. In 2021, nearly 80% of all lithium-ion batteries for electric vehicles came from China, and approximately 60% of global EV sales are now Chinese-made. 

The proposed tariffs aim to balance protectionism with emissions reduction efforts, echoing the recent tariff hikes by the U.S. and Europe. 

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