The Japanese automaker is carving deep cuts in its global operations as it struggles with a steep drop in sales.

© Richard A. Brooks/Agence France-Presse — Getty Images

Investors believe that the electric car company led by Elon Musk will benefit from his support of the president-elect.

© Doug Mills/The New York Times

A brutal price war, sudden shifts in consumer demand and human rights issues in Xinjiang have left VW stumbling in a market it led for 40 years.

Readers react to the Trump rally at Madison Square Garden and a tragedy in Springfield, Ohio. Also: Gut feelings about the election; benefits of electric cars.

European Union officials say the duties are meant to protect the region’s automakers from what they say are unfair trade practices in China.

The automaker reported a gain of 6.4 percent for the latest quarter, its first such increase this year.

Federal officials acknowledged that few Chinese vehicles were on U.S. roads now, but said that the administration wanted to take proactive measures to strengthen national security.

BYD, which leads China’s electric vehicle sector, is constructing a plant in Hungary while its Chinese rivals expand through joint ventures in Europe.

The new tariffs announced by Prime Minister Justin Trudeau will match levies imposed by President Biden and could further strain relations between Canada and China.