Today, the Chinese government imposed tariffs of 100% on Canadian canola meal and oil, and peas and 25% tariffs on Canadian seafood and pork.
"China is imposing the tariffs following an anti-dumping investigation into Canadian canola, undertaken by the Chinese government in September of 2024 after the Canadian government joined the U.S. in imposing a 100 per cent tariff on Chinese-made electric vehicles along with a 25 per cent tariffs on steel and aluminum. Dumping refers to when goods are sold in a jurisdiction for a lower price than in their country of origin. The Government of Canada has denied the dumping allegations."
Please click here for the full article: https://financialpost.com/news/local-news/china-imposing-tariffs-canadian-canola/wcm/5e20aba9-bb2b-4039-b0fb-c8095a24daaa