China announced today, Saturday, customs duties on some Canadian agricultural and food products, after Canada imposed fees in October on Chinese electric cars, steel and aluminum products.
The new fees are scheduled to enter into force on March 20, according to a statement issued by the Customs tariff committee of the State Council. An additional 100% tariff will be imposed on Canadian and peas seed oil, and an additional 25% tariff will be applied to pork and water products.
The definitions are added to major global trade tensions already, as customs definitions were announced by the United States, China, Canada and Mexico.
These fees come in response to Ottawa, which imposed a tariff against Chinese imports in October, including 100% additional tax on all Chinese electric cars and 25% on steel and aluminum imports.
“Despite China’s repeated opposition and advice to refrain from this, Canada has taken unilateral restrictions against electric cars, steel, aluminum and other products imported from China without investigation, which undermines the Chinese -Canadian economic and commercial relations,” said the customs authorities statement.
