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China to slap retaliatory tariffs on some Canadian products [Video]

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Canadian National News

China on Saturday announced retaliatory tariffs on some Canadian agricultural goods, hitting back after Ottawa slapped import duties on Chinese-made electric vehicles and steel and aluminum products.

Beijing said a 100% tariff would be imposed on Canadian rapeseed oil, oil cakes and peas, while a 25% levy would be placed on aquatic products and pork originating in Canada.

The tariffs are scheduled to come into force from March 20, according to a statement from China’s Customs Tariff Commission of the State Council.

The measures come amid a brewing global trade war, following several tariff announcements by the U.S., China, Canada and Mexico in recent months.

Canada imposed 100% import tariffs on Chinese-made EVs from Oct. 1 last year, following in the footsteps of the U.S. and the European Union over concerns related to unfair competition.

Ottawa also applied a 25% tariff on imports of steel and aluminum products from China, which came into effect from Oct. 15.

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