China has announced an initial tariff at Canada in Canada, after an anti-dumping investigation launched last year in response to Canada’s tax on Chinese electric vehicles.
Canadian canola exports to China will face 75.8 percent of the duty starting on Thursday.
The step came about a year after the 100 percent tariff is imposed on Canada’s Chinese electric vehicles, a step that is to be reviewed by the beginning of October.
Canada supplies China with most of its canola but China currently exports very few electric vehicles to Canada.
China’s Ministry of Commerce today says in a social media post that the two countries met four days ago to discuss trade.
The Prime Minister’s office postponed the comment on Canola Tariff to the State Secretary for International Trade, who did not immediately respond to the remarks request.