China imposes new tariffs on Canadian agricultural products
China has announced new tariffs on Canadian agricultural products, including a 100 percent tariff on rapeseed oil and a 25 percent tariff on pork and aquatic products. These tariffs will take effect on March 20. The move is a response to Canada’s tariffs on Chinese electric vehicles, steel, and aluminum imposed in October. China claims these actions disrupt trade and harm its enterprises. This development follows a history of trade tensions between Canada and China, including sanctions related to the detention of a Huawei executive in 2019. The situation reflects ongoing global trade disputes involving multiple countries.