September 27, 2024
China considers Canada's tariffs discriminatory: investigation launched thumbnail
Economy

China considers Canada’s tariffs discriminatory: investigation launched

China has launched an anti-discrimination investigation into restrictive measures taken by Canada, including additional tariffs on Chinese electric vehicles, steel and aluminum products.”, — write: www.epravda.com.ua

China has launched an anti-discrimination investigation into restrictive measures taken by Canada, including additional tariffs on Chinese electric vehicles, steel and aluminum products.

About this informs Reuters.

It is noted that this type of investigation usually takes three months, but can be extended in special circumstances.

This month, Beijing also announced plans to test imports of Canadian canola after Ottawa joined the US and European Union in imposing tariffs of 100% on Chinese electric vehicles and 25% on Chinese aluminum and steel.

Most of the canola exported by Canada goes to China, the world’s largest oilseed importer.

China said it deeply condemns and strongly opposes Canada’s discriminatory unilateral restrictive measures and calls for negotiations with Canada within the framework of the World Trade Organization on tariffs.

We will remind:

Tariffs on the import of electric vehicles from China to Canada installed at the level of 100%, for steel and aluminum – 25%.

Canada opens a critical mineral extraction center in an effort to end China’s dominance.

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