China's Ministry of Commerce has announced preliminary anti-dumping measures targeting imports from Canada, Japan, and India. Specifically, China will impose temporary security deposits of up to 40.5% on halogenated butyl rubber imports from Canada and Japan starting August 14, while terminating its investigation into Indian imports due to negligible volumes. Additionally, China has escalated its trade dispute with Canada by imposing a provisional tariff of 75.8% on Canadian canola (rapeseed) imports, effective August 14, citing dumping practices that harm China's domestic canola oil market. This tariff follows previous duties on Canadian oil and is seen as a response to Canadian tariffs on Chinese electric vehicles. The move threatens to close off a $5 billion market for Canadian canola exports, prompting Canadian trade and agriculture ministers to express deep disappointment and call for engagement with Beijing. The canola industry is urging swift action from the Canadian government. Following these developments, China filed a lawsuit with the World Trade Organization against Canada concerning Canada's import restrictions on steel and related products, criticizing Canada for violating WTO rules and calling for correction of these practices. The trade tensions between the two countries continue to intensify, with Canadian officials and industry stakeholders seeking resolution amid the new tariffs and legal actions.
China on Friday filed a complaint with the WTO against Canada's import restrictions on steel and related products, the Ministry of Commerce said. https://t.co/jKrTQ78UQp
La tension monte entre Pékin et Ottawa : la Chine dépose plainte à l'OMC contre les restrictions canadiennes sur son acier https://t.co/zazrBGXbRb https://t.co/vRqzumt4Eo
Parliament must punish China for steep tariffs on 40,000 canola farmers says @PierrePoilievre, seeks cancellation of fed financed Chinese shipyard contracts: "They are targeting our farmers." https://t.co/bkf4VSxfhH #cdnpoli @canolacouncil https://t.co/07fYsCMrJQ