Saturday, March 8, 2025

China hits canola, pork and peas


 

China is going to apply a 100 per cent tariff to Canadian canola oil, oil cakes and pea imports, and a 25 per cent duty on Canadian pork and aquatic products.

It is retaliation for Canada’s 100 per cent tariff on electric vehicles and 25 per cent on steel and aluminum.

Both of those were imposed to match tariffs imposed by the United States. It keeps Canada from being a back door for China to move products to U.S. customers.