China has announced retaliatory tariffs on Canadian agricultural products in response to Canada’s earlier imposition of duties on Chinese-made electric vehicles, steel, and aluminum products.
Beijing said the new Chinese tariffs, effective March 20, will impose a 100% duty on Canadian rapeseed oil, oil cakes, and peas, and a 25% duty on aquatic products and pork.
This escalation is part of a growing trade dispute, with recent tariff measures from the U.S., China, Canada, and Mexico adding to global market uncertainty.
Canada imposed a 100% tariff on Chinese-made EVs starting October 1, 2024, citing unfair competition, aligning with similar moves by the U.S. and the EU.
Additionally, Ottawa applied a 25% tariff on Chinese steel and aluminum imports, effective October 15.
“Canada’s unilateral imposition of tariffs disregards objective facts and World Trade Organization rules, is a typical trade protectionist practice, constitutes a discriminatory measure against China, seriously infringes on China’s legitimate rights and interests, and undermines China-Canada economic and trade relations,” China’s customs authorities said in a statement on a Saturday, according to a Google translation.
