China Initiates Investigations into Canada's Increased Tariffs on Specific Products
China has initiated investigations in response to Canada’s increase in tariffs on specific products.
Additionally, China will begin anti-dumping inquiries concerning rapeseed and certain chemical imports from Canada, the ministry disclosed.
The move comes after Canada decided last week to double the tariff on Chinese-manufactured electric vehicles to 100 percent, a move mirroring earlier decisions by the U.S. and the European Union. Furthermore, Canada intends to implement a 25-percent tariff on imports of Chinese steel and aluminum.
"Despite opposition and dissuasion from various parties, Canada has imposed discriminatory unilateral restrictions on imports from China. China is strongly dissatisfied and firmly opposed to this and plans to bring Canada's actions to the WTO dispute resolution mechanism," a spokesperson for China's Commerce Ministry stated. The spokesperson also mentioned that China would adopt other appropriate measures depending on the situation.
The spokesperson also pointed to recent increases in rapeseed exports from Canada to China, which have seen a substantial rise, with suspicions of dumping involved. The value of these exports hit $3.47 billion in 2023, showing a 170-percent annual increase in volume, even as prices fell.
"Affected by Canada's unfair competition, related domestic industries in China have been suffering continuous losses. China will, in accordance with domestic laws and regulations and in line with WTO rules, initiate an anti-dumping investigation into rapeseed imports from Canada," the spokesperson clarified.
Emily Johnson for TROIB News