China Retaliates Against Canadian EV, Steel, Aluminum Duties
China announced retaliatory tariffs this month against Canada for its duties on Chinese-made electric vehicles and Chinese steel and aluminum products, saying the Canadian measures “seriously violate” World Trade Organization rules and are “discriminatory.” Beijing will impose a 100% tariff on Canadian rapeseed oil, oil cake and peas, and a 25% tariff on Canadian aquatic products and pork, according to an unofficial translation of a March 8 notice from the Customs Tariff Commission of China’s State Council. The duties take effect March 20.
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Canada in August announced plans to impose a 100% import tariff on all Chinese-made EVs and a 25% tariff on certain Chinese steel and aluminum (see 2408260033), sparking a WTO dispute (see 2409040007) and an “anti-discrimination investigation” by Beijing, leading to the retaliatory duties.
The new Chinese tariffs are "unjustified," Canada said March 8. "Canada does not accept the premise of China’s investigation, nor its findings," it said. "We are deeply disappointed with China’s announced measures."
Canada added that it's "open to engaging in constructive dialogue with Chinese officials to address our respective trade concerns."