An additional 100 per cent tariffs will be imposed on Canadian rapeseed oil, oil cakes and peas and an additional 25 per cent duties will be charged on pork and aquatic products
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China on Saturday announced retaliatory tariffs on some Canadian farm and food imports after Ottawa imposed high duties on Chinese-made electric vehicles and steel aluminium products in October. The new duties are expected to become effective on March 20. The news was confirmed by China’s Customs Tariff Commission of the State Council.
Apart from these, an additional 100 per cent tariffs will be imposed on Canadian rapeseed oil, oil cakes and peas and an additional 25 per cent duties will be charged on pork and aquatic products, The Independent reported. The latest tarriff announcement now adds to the already simmering global trade tenisons, with United States pushing its own share of tariffs on Canadian, Mexican and Chinese goods.
The Chinese authorities maintained that the duties were announced in retaliation for Canada imposing tariffs against Chinese imports in October, last year. Ottawa, last year announced a 100 per cent surtax on all Chinese-made EVs and 25 per cent on steel and aluminium imports.
China takes a firm stance
The Chinese officials made it clear that th