China hits Canada with anti-dumping probe into canola imports in response to tariffs on electric vehicles

BEIJING, Sept 3 (Reuters) - China said on Tuesday it plans to launch an anti-dumping investigation into Canadian canola imports after Ottawa decided to impose tariffs on Chinese electric vehicles, sending domestic rapeseed oil futures prices to a one-month high. Canada followed the lead of the United States and the European Union and last week announced a 100% tariff on Chinese electric vehicle imports and a 25% tariff on steel and aluminum imported from China. “China strongly regrets and firmly opposes the unilateral discriminatory restrictive measures taken by Canada against its imports from China, despite opposition and dissuasion from many parties,” a Commerce Ministry spokesman said in a statement. The ministry said China will also launch an anti-dumping investigation into some Canadian chemicals. More than half of the canola produced in Canada goes to China, the world’s largest importer of the oilseed. Canola, also called rapeseed for certain varieties, is used as cooking ...