Trade War Heats Up: China Slaps Heavy Tariffs on Canadian Farm & Food Products

Share This News On...

China is escalating its trade dispute with Canada, announcing fresh tariffs on key Canadian agricultural and food products. The new measures, set to take effect on March 20, will see a 100% tariff on rapeseed oil, oil cakes, and peas, while pork and aquatic products will be hit with a 25% levy, Beijing’s Commerce Ministry confirmed on Saturday.

JUST IN >>>  Edo’s Green Revolution: Gov. Okpebholo Kicks Off 3,000-Hectare Mega Farming Project

This move follows an investigation by China into Canada’s tariffs on Chinese electric vehicles, steel, and aluminum—policies that Beijing claims disrupted normal trade and harmed Chinese businesses.

“China urges Canada to immediately correct its bad practices, lift its restrictive measures, and eliminate its negative effects,” a ministry spokesperson stated.

The new tariffs are expected to strain Canada’s canola industry, as China has long been one of its largest buyers. The tensions recall the 2018 diplomatic standoff, when Canada arrested Huawei executive Meng Wanzhou, triggering China’s detention of two Canadians in retaliation.

JUST IN >>>  Vaccine Victory at Risk: UN and Gavi Warn of Surging Disease Outbreaks Amid Global Funding Cuts

As both nations navigate growing trade conflicts, Canada now joins the U.S. in facing China’s economic countermeasures—further fueling the ongoing global trade war.

Author

  • Michael Odegbe, a graduate in Animal Breeding and Physiology (B.Agric), contributes to Newsbino.com by providing informed and accurate news, along with valuable insights on relevant topics. His expertise as a Data Analyst, HRM, Blogger, Entrepreneur, Transformational Leader, and Humanitarian ensures readers receive practical, innovative content they can trust.

    View all posts
JUST IN >>>  China Furious as U.S. Quietly Edits Stance on Taiwan Independence
Share This News On...

Be the first to comment

Leave a Reply

Your email address will not be published.


*