In retaliation to Canada's tariffs (Customs Notice 24-36: China Surtax Order (2024) – Steel and Aluminum), China has announced that effective March 20, 2025, they will apply a 100% tariff on Canadian:
- rapeseed (canola) oil
- oil cakes
- pea imports
And a 25% tariff on Canadian:
- aquatic products
- pork
On Friday, the federal government announced some tariff relief measures for Canadian businesses and workers, including $1 billion in new financing through Farm Credit Canada to reduce financial barriers for the Canadian agriculture and food industry.
More information can be found here: https://www.cbc.ca/news/world/china-canada-tariffs-retaliatory-1.7478503