Why it matters:
This move highlights the growing friction between China and Canada, as well as the broader implications for global trade dynamics. The tariffs could impact various sectors, including agriculture and seafood, and may provoke retaliatory measures from Canada.
The big picture:
China’s decision to impose a 100% additional tariff on canola oil, oilseed cake, and peas, along with a 25% tariff on imported seafood and meat from Canada, reflects ongoing disputes over trade practices. The Chinese government claims that Canada’s restrictive measures against certain Chinese products have disrupted normal trade and harmed the legitimate rights and interests of Chinese companies.
What it is saying:
According to a report from Iran Press, the Chinese government stated, "The anti-dumping law allows the government to take retaliatory and punitive actions against violators to protect the rights of Chinese companies in foreign trade."
Key points:
- The new tariffs will take effect at the end of March.
- The decision follows an investigation that found Canada’s actions against Chinese products to be disruptive.
- China’s anti-dumping law empowers the government to respond to trade practices that violate international norms.
Go deeper:
Canada, China Hit Back at Trump With Own Tariffs
U.S. Tariffs Are Bullying Tactics: Poll
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Zohre Khazaee
