2024-09-03 09:00:09
China
Economy
China's Retaliatory Measures Against Canada's Auto Tariffs
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The press radar on this topic:
Global Economy - South China Morning Post
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
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
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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