China hits Canada with anti-dumping probe on canola imports in response to EV tariffs

게시됨 2024년 9월 3일

Tridge 요약

China has announced its intention to initiate an anti-dumping investigation into canola imports from Canada in response to tariffs imposed by Ottawa on Chinese electric vehicles, steel, and aluminium. This action follows a similar response from the US and EU. Canada is a major supplier of canola to China, which is the world's largest oilseed importer. The move has led to a surge in domestic rapeseed oil futures prices in China. Additionally, China is also looking into anti-dumping claims against certain Canadian chemical products. This situation is part of a broader trade dispute that has seen China targeting imports from both the EU and Australia in retaliation for restrictions on its electric vehicle exports.

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원본 콘텐츠

BEIJING (Sept 3): 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 (EVs), lifting prices of domestic rapeseed oil futures to a one-month peak. Canada has followed the lead of the US and European Union (EU), and announced last week a 100% tariff on imports of Chinese EVs and a 25% tariff on imported steel and aluminium from China. "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. He said China will also initiate an anti-dumping investigation into some Canadian chemical products. More than half of canola produced in Canada makes its way to China, the world's biggest oilseed importer. Canola, also called rapeseed for certain variants, is used as a cooking oil and in a ...

출처: Theedgemarkets