CP NewsAlert: China announces 75.8 per cent tariffs on Canadian canola
OTTAWA — China has announced preliminary tariffs on Canadian canola following an anti-dumping investigation launched last year in response to Canada’s tax on Chinese electric vehicles.
Canadian canola exports to China will face a 75.8 per cent duty beginning on Thursday.
The move comes nearly a year after Canada imposed a 100 per cent tariff on Chinese electric vehicles, a move that is to be reviewed by the beginning of October.
Canada supplies China with most of its canola but China currently exports very few electric vehicles to Canada.
