China hits Canada with tariffs
China imposed new tariffs on Canadian agricultural imports, escalating trade tensions while leaving room for potential negotiations by excluding canola, one of Canada's key exports.
Beijing will apply a 100% tariff to Canadian rapeseed oil, oil cakes and pea imports, and a 25% duty on Canadian aquatic products and pork, the ministry said in a statement.
Trump levied sweeping tariffs on key trading partners Mexico, Canada and China early Tuesday morning, sparking retaliation from Beijing and Ottawa, sending the stock market into a tailspin, and alarming government officials around the globe as they brace for potentially the worst trade war in a century.
Beijing responded by slapping additional tariffs ... Canadian Prime Minister Justin Trudeau, meanwhile, said Ottawa would impose immediate 25% tariffs on more than $20 billion worth of U.S ...
US President Donald Trump's 25% tariffs on imports from Mexico and Canada took effect, alongside increased duties on Chinese goods, igniting trade conflicts with key partners. Beijing and Ottawa retaliated with their own tariffs.
President Donald Trump’s levies against China, Canada, and Mexico took hold Tuesday, and Beijing and Ottawa wasted no time in hitting back. China’s finance ministry said it would impose duties ...
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