Close Menu
    What's Hot

    How long will this situation continue? — Peter Okoye, Mr. Maccaroni, Jesse Jagzi and others cry over Palm Sunday massacre in Jos

    April 1, 2026

    Joke Silva is appointed as the chief judge and the nominations are announced!

    April 1, 2026

    Funke Akindele snubs Yoruba actresses Toyin Abraham and Iyabo Ojo at movie premiere

    March 31, 2026
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    News Board NG
    • Home
    • Politics
    • Naija news
    • World News
    • Health News
    • Tech News
    • Entertainment
      • Events
      • Music
    • Religion
    • Lifestyle
    • Education
    • Foods
    News Board NG
    Home»Events»China imposes fresh tariffs on Canadian farms and food
    Events

    China imposes fresh tariffs on Canadian farms and food

    tundeoyeyemi2002By tundeoyeyemi2002March 8, 2025No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    China imposes fresh tariffs on Canadian farms and food

    China announced on Saturday, March 8 that it would impose tariffs on Canadian imports, including rapeseed oil and pork, after a tax investigation into Ottawa’s levy on Chinese goods last year.

    Beijing’s Commerce Ministry said imports of rapeseed oil, oil cakes and peas from Canada will face 100% tariffs, while aquatic products and pork will be subject to a 25% tax. The new measures will come into effect on March 20.

    The decision comes after Canada’s 100% tariff on Chinese electric vehicle imports in August 2024, in line with the U.S. measures aimed at curbing the state’s subsidy influx of Chinese cars into North America. Ottawa also launched Surtax for steel and aluminum products from China.

    China’s Ministry of Commerce claims its investigation found that Canadian policies undermine normal trade and undermine the legitimate rights of Chinese companies.

    “China urges Canada to correct its bad practices immediately, remove restrictive measures and eliminate their negative impacts,” a spokesperson said.

    Canada is a leading producer of rapeseed, which can be used in edible oils, animal feed and biodiesel fuels. China was previously one of its biggest buyers, but trade relations have deteriorated in recent years.

    Tensions between the two countries that deepened in 2018 led to Beijing’s retaliation against two Canadian nationals.

    The latest tariffs are also as global trade tensions escalate, with Canada and China facing pressure from the United States, with President Donald Trump proposing new trade restrictions on multiple countries in multiple countries.

    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    tundeoyeyemi2002

    Related Posts

    Police arrest three suspected kidnappers, Ekiti’s armed robbers

    May 14, 2025

    Cristiano Ronaldo’s son makes his debut in 4-1 defeat to Japan’s Portugal

    May 13, 2025

    Amid arguments passing through the Lagos lounge, man slams @th in arguments

    May 13, 2025

    Comments are closed.

    Our Picks
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    Don't Miss

    How long will this situation continue? — Peter Okoye, Mr. Maccaroni, Jesse Jagzi and others cry over Palm Sunday massacre in Jos

    Religion April 1, 2026

    Nigeria’s entertainment industry in mourning and anger after horrific attack on Nigerian residents Angwan Rukuba,…

    Joke Silva is appointed as the chief judge and the nominations are announced!

    April 1, 2026

    Funke Akindele snubs Yoruba actresses Toyin Abraham and Iyabo Ojo at movie premiere

    March 31, 2026

    Afrobeat singer Jaijiaka is making a name for himself in the Nigerian music industry

    March 31, 2026
    Our Picks

    How long will this situation continue? — Peter Okoye, Mr. Maccaroni, Jesse Jagzi and others cry over Palm Sunday massacre in Jos

    April 1, 2026

    Joke Silva is appointed as the chief judge and the nominations are announced!

    April 1, 2026

    Funke Akindele snubs Yoruba actresses Toyin Abraham and Iyabo Ojo at movie premiere

    March 31, 2026
    Legal Pages
    • About Us
    • Contact Us
    • Disclaimer
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.