2024-09-03 09:00:09
China
Economy

China's Retaliatory Measures Against Canada's Auto Tariffs

Image used under license from Shutterstock.com

China has retaliated against Canada's tariffs on Chinese electric vehicles by targeting Canadian canola and chemical imports with anti-dumping investigations. This action follows Canada's imposition of 100% tariffs on Chinese EVs and 25% tariffs on steel and aluminium, aligning with measures by the US and EU.

Accusations of unfair competition and industrial overcapacity have strained China-Canada relations. Beijing's probes into Canadian goods signal escalating trade tensions amid global tariff disputes involving the EU.

Discussions are ongoing to avert a trade war as China asserts its position against perceived trade injustices.

Global Economy - South China Morning Post
3. September 2024 um 01:30

Opinion | How China and Europe can best settle their EV tariff disputes

Economy
Politics
The EU has imposed tariffs on Chinese EVs, prompting China to investigate EU dairy subsidies, threaten higher tariffs on EU cars, file a WTO complaint, and launch anti-subsidy probes into French brandy and pork. EU's top diplomat warns of an unavoidable trade war, but the EU and China are continuing discussions to find alternative solutions, as the EV tariff dispute is a test case for the two sides.
Al Jazeera
3. September 2024 um 06:22

China announces anti-dumping probe into Canadian canola, chemicals

Economy
Politics
China announced anti-dumping probes into Canadian canola and chemicals after Canada imposed 100% tariffs on Chinese EVs and 25% on steel/aluminium, similar to US and EU. The Ministry accused Canada of "unfair competition" and China of subsidizing cheap car exports, damaging local brands. This comes amid strained China-Canada relations over trade, alleged espionage and election interference. Beijing has rejected accusations of industrial "overcapacity" as a pretext to undermine globalization.
Yahoo News
3. September 2024 um 03:50

China to start anti-dumping probe into canola imports from Canada

Environment
Politics
China to probe canola imports from Canada over tariffs on Chinese electric vehicles; Canada announced 100% tariff on Chinese electric vehicles and 25% tariffs on steel and aluminium from China; China opposes Canada's measures; Canada is top canola exporter; China plans anti-dumping investigation into Canadian chemical products.
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