China announces 75.8% tariffs on Canadian canola in response to Canada’s tax on Chinese electric vehicles.
China announces 75.8% tariffs on Canadian canola in response to Canada’s tax on Chinese electric vehicles.
calgary.citynews.ca
China to impose 75.8 per cent tariffs on Canadian canola, industry braces for impacts
Hopefully an impetus for broader trade deal between the 2 countries. US more likely to take trade from China while its allies still cling to propaganda hatred in support of the empire.
It's incredible that the US convinced its allies to put high tariffs on China while the US itself only has a 10% tariff.
current general tariffs on China are 30% = 10% + 20% fentanyl emergency. Somehow 35% vs "it's friend", Canada. US has same tariffs on EVs as Canada, which Trudeau imposed the day after being ordered by Sulivan to do so. Allowing some protective but revenue generating tariff rate, somewhere under 40% for EVs, would be a good compromise to open China to Canadian resource markets. Canada is one of the largest (8th) auto markets in the world. Failure to get any deals, or public talks, with companies and countries is innaction that doesn't help get US to submit to stable historical alliance.