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Beijing says it will impose prices on Canadian agricultural and food products in retaliation for Ottawa samples from Chinese electric vehicles, stirring greater uncertainty about the economy of the North American country.
ChinaThe Ministry of Commerce of Commerce said on Saturday that it would impose 100% prices on Canadian oil and pea in rapeseed and a 25% levy on pork and certain imports of seafood.
He said he was responding to 100% “discriminatory” prices on electric vehicles and 25% on steel and aluminum that Ottawa announced in August, which followed similar actions from the United States.
In response, Beijing has filed a complaint with the World Trade Organization and launched an anti -dumping survey on Canadian rapeseed products.
The prices will take effect on March 20 and will be added to uncertainty for Canada’s export industries, the Trump administration threatening to impose general prices on imports from its neighbor.
This week, Trump Back to his threat To impose 25% prices in Mexico and Canada, but has maintained the possibility that the measures are imposed in April.
China is an important market for Canadian rapeseed, a harvest also known as Canola. China has bought a value of 3.5 billion dollars in canola Canadian products, including oil and seeds, making it the largest market behind the United States, according to the CANOLA CANOLA CONSULATION GROUP.
Canadian politicians responded to Trump threats by stressing the need to diversify from their main trading partner. But Beijing’s announcement on Saturday highlights the limited options available for the country. China is Canada’s second trading partner, far behind the United States.
Canadian Prime Minister Justin Trudeau accused China of “not playing the same rules” when he announced the prices on electric vehicles and Chinese metals in August. The car is one of the most important manufacturing sectors in Canada, factories providing the American market.
