Beijing has begun slapping 100 per cent tariffs on Canadian canola oil and meal—a move the canola industry had warned would be “prohibitive” to exporting the products to China. (The Logic)
Talking point: New tariffs that came into force Thursday also include a 100 per cent duty on Canadian peas, plus 25 per cent levies on pork and seafood products. Beijing has linked the move to Ottawa’s decision last fall to follow the United States in imposing steep tariffs on Chinese electric vehicles, steel and aluminum. Two canola industry associations say Canada exported $918 million worth of canola meal and $20.6 million worth of canola oil to China last year—out of a total $4.9 billion worth of canola products. Bilateral relations were already fraught. After Foreign Affairs Minister Mélanie Joly condemned China for executing four Canadian citizens, a foreign ministry spokesperson in Beijing said Thursday Canada should “stop interfering in China’s judiciary sovereignty.”