China trade: Canada hit with anti-dumping probe on canola [Video]

BEIJING –

China said on Tuesday it plans to start an anti-dumping investigation into canola imports from Canada, after Ottawa moved to impose tariffs on Chinese electric vehicles, lifting prices of domestic rapeseed oil futures to a one-month peak.

Canada has followed the lead of the United States and European Union, and announced last week a 100 per cent tariff on imports of Chinese electric vehicles and a 25 per cent tariff on imported steel and aluminum from China.

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“China strongly deplores and firmly opposes the discriminatory unilateral restrictive measures taken by Canada against its imports from China despite the opposition and dissuasion of many parties,” a commerce ministry spokesperson said in a statement.

The ministry said China will also initiate an anti-dumping investigation into some Canadian chemical products.

More than half of canola produced in Canada …