Chinese tariffs on Canadian agricultural products, including rapeseed oil and pork, begin on Thursday, with warnings from industry groups about severe impacts on farmers. The tariffs are a response to Canada’s previous levies on Chinese goods.

Beginning Thursday, Chinese tariffs on Canadian agricultural products, such as rapeseed oil and pork, are officially implemented. An industry lobby has expressed significant concern, stating that these new levies will inflict a “devastating impact” on Canadian farmers. The tariffs were announced earlier this month and are a response to a Beijing investigation into tariffs that Canada imposed on Chinese goods in the previous year.

The introduction of Chinese tariffs on Canadian agricultural products is expected to severely affect Canadian farmers, reflecting ongoing trade tensions. This escalation follows Canada’s imposition of tariffs on Chinese goods, indicating a cycle of retaliatory measures that can further strain bilateral relations. Stakeholders are advised to monitor the situation closely.

Original Source: www.wfxg.com

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