Beijing says it will impose tariffs on Canadian agricultural and food products in retaliation for Ottawa’s levies on Chinese electric vehicles, stoking greater uncertainty over the North American country’s economy.
China’s commerce ministry on Saturday said it would impose 100 per cent tariffs on Canadian rapeseed oil and pea imports and a 25 per cent levy on pork and some seafood imports.
It said it was responding to “discriminatory” tariffs of 100 per cent on electric vehicles and 25 per cent on steel and aluminium that Ottawa announced in August, which followed similar actions by the US.
In response, Beijing filed a complaint with the World Trade Organization and launched an anti-dumping probe into Canadian imports of rapeseed products.
China is an important market for Canadian rapeseed, a crop also known as canola. China bought $3.5bn worth of Canadian canola products, including oil and seeds, making it the largest market behind the US, according to the Canola Council of Canada trade group.
Canadian Prime Minister Justin Trudeau accused China of “not playing by the same rules” when he announced the tariffs on Chinese EVs and metals in August. Carmaking is one of Canada’s most important manufacturing sectors, with plants supplying the US market.
Canada’s levies on EVs we’re put in place to back the US. I vote we get rid of the levies. To hell to America and their car industry, let’s open up the Canadian market for Chinese EVs! The US isn’t doing us any favours, why should we keep backing their play to keep Chinese EVs out of the North American market? Elbows up! 💪🏻🍁
finally a rational comment! who the hell wants to pay more for shittier things
My understanding is that we obligated Japanese & Korean auto makers to open some plants in Canada/NAFTA/USMCA in order to gain access to our market. I don’t see why the requirements should be any different for Chinese automakers.
I think the tariffs we applied to BYD were different because China bad and it was done to placate the USA. I don’t think we should single out China to placate America (especially if it doesn’t work).
The auto industry takes up a huge segment of our economy, rivalled only by resource extraction. We’re trying to transition to the EV industry, and removing tariffs on EVs would essentially be a death blow to our auto industry, as ICE cars are phased out over the coming decades. So it’s not just about protecting American companies, because American companies manufacture here.
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I guess this is in response to Canada’s 100% tariffs on Chinese EVs from last year?
yup
a certifiable FAFO moment for Canada
why would they do what the US wanted to china in the first place? its not like they are under the same pressure as the third world.
surprise surprise, canada has no independent foreign policy!
I did not know that, but wouldnt be surprised if they are a degree subjugated by the US in some way.
They kind of are, since the US military, finance oligarchy, industry and us aligned media completely dominate Canada. For the most part, trump doesn’t even need to annex them to make them into the 51rst state of America.
