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China Imposes 100-Pct Tariffs On Some Canadian Products
(MENAFN- Kuwait News Agency (KUNA))
BEIJING, March 8 (KUNA) -- China announced Saturday that it will impose additional tariffs on some products imported from Canada based on the ruling of an anti-discrimination probe.
Effective from March 20, an additional 100-percent tariff will be imposed on imported rapeseed oil, oil cakes, and peas originating from Canada, while aquatic products and pork will be subject to an additional 25-percent tariff, Xinhua reported, citing the State Council's tariff committee.
The decision comes after China's first anti-discrimination probe into foreign countries and regions, which found that Canada's restrictive measures on certain Chinese products have constituted discriminatory restrictions that disrupt normal trade order and harm the legitimate rights and interests of Chinese enterprises, it said.
Last year, Canada announced tariff hikes on electric vehicles (EVs) and steel and aluminum products imported from China, prompting the Chinese side to initiate an anti-discrimination probe in September.
In contrast to Canada's decision to impose additional tariffs on certain imports from China without investigation, China's Ministry of Commerce reached its conclusion after a thorough investigation based on extensive materials, data and responses from various stakeholders on both sides, Zhou noted. (end)
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Effective from March 20, an additional 100-percent tariff will be imposed on imported rapeseed oil, oil cakes, and peas originating from Canada, while aquatic products and pork will be subject to an additional 25-percent tariff, Xinhua reported, citing the State Council's tariff committee.
The decision comes after China's first anti-discrimination probe into foreign countries and regions, which found that Canada's restrictive measures on certain Chinese products have constituted discriminatory restrictions that disrupt normal trade order and harm the legitimate rights and interests of Chinese enterprises, it said.
Last year, Canada announced tariff hikes on electric vehicles (EVs) and steel and aluminum products imported from China, prompting the Chinese side to initiate an anti-discrimination probe in September.
In contrast to Canada's decision to impose additional tariffs on certain imports from China without investigation, China's Ministry of Commerce reached its conclusion after a thorough investigation based on extensive materials, data and responses from various stakeholders on both sides, Zhou noted. (end)
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