He China Ministry of Commerce Tariffs for some Canadian agricultural and food products announced on Saturday, after Ottawa It imposed last October taxes on electric vehicles and steel and aluminum from the Asian giant.
The Chinese authorities will set 100% tariffs to rape China (Executive).
Likewise, pork products and from Canadian aquatic environments will be subject to rates of 25% As of March 20, date on which they will enter into force.
The taxes occur after Ottawa set 100 % tariffs last October to the importation of Chinese electric vehicles, as well as another 25 % to steel and aluminum from the Asian giant, a decision that the China Ministry of Commerce described this Saturday as a “typical protectionist practice” and “discriminatory.”
The Commerce portfolio also accused the North American country of “ignoring the objective facts and norms of the World Trade Organization (WTO)“
The Ministry also urged the Canadian authorities to “rationally consider bilateral economic and commercial cooperation, respect the objective facts, abide by the WTO standards and immediately correct their wrong practices.”
Canada’s decisions
Canadian Prime Minister Justin Trudeau, announced last August that Canada It would impose a 100% tariff to the importation of Chinese electric vehicles, as well as another 25% to steel and aluminum from the Asian giant from October 1 and 22, respectively.
Trudeau justified the decision by stating that the industrial policies of China They are subsidizing their companies to the detriment of their western competitors, a reasoning similar to that used by other actors such as the European Union, which also imposed tariffs on electric vehicles of some Chinese brands.
Shortly after the entry into force of these rates, China He filed a lawsuit against the WTO and accused Canada of “insisting on following certain countries to take unilateral containment measures against China“, In reference to the United States, which had also decided to impose tariffs on Chinese electric vehicles.
The imposition of tariffs by Beijing against Canadian products is also produced in a context of aggravation of the commercial war between the United States and some of its main commercial partners, such as Canada, Mexico and China herself.
Source: Gestion
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