Economics
China Responds to Canada’s EV Tariffs With Rapeseed Probe
- Justin Trudeau’s government imposed tariffs on EVs and steel
- Canadian rapeseed being sold at below-cost, Beijing says
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China will start an anti-dumping probe into rapeseed imports from Canada, with trade tensions escalating after Justin Trudeau’s government imposed tariffs on Chinese-made electric vehicles, steel and aluminum.
The Asian nation is initiating measures following relevant restrictive actions taken by Canada, according to a statement from the Ministry of Commerce. China will take all necessary actions to safeguard the legitimate rights and interests of Chinese companies, the agency added.