China puts tariffs on Canadian food products, months after Ottawa targeted EVs and steel
China will impose tariffs on Canadian agricultural and food products starting March 20 in retaliation for Canada's tariffs on Chinese electric vehicles, steel, and aluminum. The tariffs include a 100% duty on Canadian rapeseed oil, oil cakes, and peas, and a 25% duty on Canadian aquatic products and pork, according to the Chinese commerce ministry.
China argues that Canada's tariffs, implemented in October, violate World Trade Organization rules and are protectionist measures that harm China's interests. Canadian Prime Minister Justin Trudeau previously stated that these tariffs were aimed at addressing China's overcapacity, mirroring similar actions taken by the United States and the European Union against Chinese EV imports, escalating trade tensions between the countries.
via SCMP Full Text Feed
China will impose tariffs on Canadian agricultural and food products starting March 20 in retaliation for Canada's tariffs on Chinese electric vehicles, steel, and aluminum. The tariffs include a 100% duty on Canadian rapeseed oil, oil cakes, and peas, and a 25% duty on Canadian aquatic products and pork, according to the Chinese commerce ministry.
China argues that Canada's tariffs, implemented in October, violate World Trade Organization rules and are protectionist measures that harm China's interests. Canadian Prime Minister Justin Trudeau previously stated that these tariffs were aimed at addressing China's overcapacity, mirroring similar actions taken by the United States and the European Union against Chinese EV imports, escalating trade tensions between the countries.
via SCMP Full Text Feed
