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Dante Raeburn
China Imposes Tariffs on Canada in Trade Response to U.S. Pressure
China has announced tariffs of up to 100 percent on Canadian canola, pork, and other foods in response to Canadian tariffs on Chinese imports. This move serves as both a retaliation and a warning to Canada and Mexico regarding U.S. trade pressures. The tariffs take effect on March 20.
On Saturday, China imposed tariffs of up to 100 percent on Canadian canola, pork, and other food products. This decision is viewed as a reaction to Canada’s imposition of steep taxes on imports of Chinese electric vehicles, steel, and aluminum last August. The tariffs are set to take effect on March 20, and they serve as a message to both Canada and Mexico regarding U.S. trade pressures.
The tariffs were formally announced by China’s State Council Tariff Commission, highlighting a 100 percent duty on canola oil and meal, which represent significant exports for Canada, along with tariffs of 25 percent on Canadian pork and seafood. These measures were justified as a response to Canada’s previous tariffs on Chinese imports, which came into effect in October.
China’s Ministry of Commerce urged Canada to rectify its actions by eliminating restrictive measures. While the Chinese statements adhered to World Trade Organization protocols and refrained from direct commentary on U.S. influences, state television made it evident that China’s intent is to persuade Canadian and Mexican officials to resist U.S. tariff demands on Chinese goods.
It was emphasized that these tariffs are a significant countermeasure to what is described as Canada’s erroneous choice, as well as a warning to other nations considering additions to their tariffs against China in exchange for U.S. concessions. The sentiment was echoed by China Central Television, which clarified China’s position on the trade dynamics amidst current negotiations.
In summary, China’s imposition of tariffs on Canadian goods represents a strategic response to Canada’s previous tariff decisions on Chinese imports. This situation underscores the complex trade relationships influenced by U.S. demands and the larger geopolitical landscape. Canada and Mexico are being cautioned against collaborating with U.S. tariff policies that may adversely affect Chinese trade.
Original Source: www.nytimes.com
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