China imposes tariffs on Canadian agricultural products

cnbc.com

China will impose new tariffs on Canadian agricultural products in response to Canada's recent import duties on Chinese electric vehicles. The tariffs include a 100% tax on rapeseed oil, oil cakes, and peas, and a 25% tax on aquatic products and pork. These tariffs will take effect on March 20. This move marks a significant escalation in the ongoing trade tensions between China and Canada, which have intensified following similar actions by the U.S. and the European Union. Canada's tariffs on Chinese EVs and steel and aluminum products were implemented last year due to concerns over unfair competition. China criticized Canada's actions as protectionist and harmful to bilateral trade relations.


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