{"id":62603,"date":"2025-08-12T22:16:13","date_gmt":"2025-08-12T22:16:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/62603\/"},"modified":"2025-08-12T22:16:13","modified_gmt":"2025-08-12T22:16:13","slug":"china-announces-75-8-tariffs-on-canadian-canola","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/62603\/","title":{"rendered":"China announces 75.8% tariffs on Canadian canola"},"content":{"rendered":"<p>China announced a 75.8 per cent preliminary tariff on Canadian canola on Tuesday, following an anti-dumping investigation launched last year in response to Canada\u2019s tax on Chinese electric vehicles.<\/p>\n<p>China\u2019s Ministry of Commerce published the details of the plan on Tuesday, claiming the \u201cdumping\u201d of Canadian canola into the Chinese market is hurting its domestic canola oil market.<\/p>\n<p>The Canola Council of Canada says, \u201canti-dumping investigations are initiated when a country suspects a product is being imported at a lower price than it is sold for in the domestic country in which it is produced.<\/p>\n<p>\u201cThe CCC believes strongly that Canada\u2019s canola trade with China is aligned with international rules-based trade,\u201d says a statement on the organization\u2019s website, posted before China\u2019s announcement.<\/p>\n<p>The council has not yet commented on Tuesday\u2019s tariff decision.<\/p>\n<p>China\u2019s commerce ministry also said in a separate social media post Tuesday that the two countries met four days ago to discuss trade.<\/p>\n<p>\u201cThe two sides had in-depth and frank exchanges on bilateral economic and trade relations and key economic and trade concerns of both sides, and exchanged views on deepening bilateral, regional, and multilateral economic and trade co-operation,\u201d the post read.<\/p>\n<p>The Prime Minister\u2019s Office deferred comment on the canola tariffs to the minister of international trade, who did not immediately respond to a request for comment.<\/p>\n<p>The move comes nearly a year after <a href=\"https:\/\/toronto.citynews.ca\/2024\/08\/26\/canada-to-hit-china-with-tariffs-on-electric-vehicles-aluminum-steel\/\" rel=\"nofollow noopener\" target=\"_blank\">Canada imposed a 100 per cent tariff on Chinese electric vehicles<\/a>, a move that is to be reviewed by the beginning of October.<\/p>\n<p>This led to China hitting Canadian farmers with <a href=\"https:\/\/toronto.citynews.ca\/2025\/03\/08\/canadian-canola-farmers-to-feel-impact-from-damaging-chinese-tariffs\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">100 per cent tariffs<\/a> on canola oil, canola meal and peas in March.<\/p>\n<p>Canada supplies China with most of its canola, but China currently exports very few electric vehicles to Canada.\u00a0<\/p>\n<p>When Canada levied tariffs on Chinese EVs last year \u2014 which are significantly less expensive than North American-made EVs, in part because of lower labour and environmental standards and state subsidies \u2014 it justified the move as protecting \u201cthe transformation and planned investments in Canada\u2019s vehicle sector.\u201d\u00a0<\/p>\n<p>\u201cActors like China have chosen to give themselves an unfair advantage in the global marketplace, compromising the security of our critical industries and displacing dedicated Canadian auto and metal workers. So, we\u2019re taking action to address that,\u201d then-Prime Minister Justin Trudeau said at the time.<\/p>\n<p>The Chinese EV tariff also matched a similar move made by then U.S. president Joe Biden.<\/p>\n<p>But with EV sales slumping in Canada following the abrupt ending of the government\u2019s popular Incentive for Zero-Emission Vehicle program, which provided up to $5,000 toward the cost of a new EV, environmental groups have called on Canada to revisit the Chinese EV tariff to help drive competition in the Canadian market.<\/p>\n<p>\u201cAllowing in a limited quota of these affordable vehicles while also recognizing EU-approved vehicles \u2026 would open Canada\u2019s vehicle market to fill important market gaps, drive innovation and ultimately make our auto sector more competitive,\u201d Clean Energy Canada said back in July.<\/p>\n<p>Canada has pledged to bring back some form of rebate for Canadians wanting to buy a new EV, but hasn\u2019t given a timeline for when such a measure would be implemented.<\/p>\n","protected":false},"excerpt":{"rendered":"China announced a 75.8 per cent preliminary tariff on Canadian canola on Tuesday, following an anti-dumping investigation launched&hellip;\n","protected":false},"author":2,"featured_media":62604,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,56,54,55],"class_list":["post-62603","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/62603","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=62603"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/62603\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/62604"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=62603"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=62603"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=62603"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}