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Keyword: canolaseed
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Canada, Mired in Trump Trade Talks, Hit with 75% Chinese Canola Tariff
The Communist Party of China imposed a 75.8-percent tariff on Canadian canola products on Thursday, claiming that Canada was intentionally “dumping” underpriced canola seed into the Chinese market to hurt domestic farmers. The measure appeared to be a response to the Canadian government, still under radical leftist Prime Minister Justin Trudeau at the time, imposing a 100-percent tariffs on Chinese electric vehicles (EVs) last year to protect Canada’s fledgling homemade EVs. Chinese state media explicitly mentioned Canada’s “trade protectionist and restrictive measures against China” in reporting the canola seed tariffs, accusing Ottawa of violating World Trade Organization (WTO) rules. Beijing...
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