China Nimmt Wegen Autozoellen Kanadische Raps Und Chemieimporte Ins Visier

China Targets Canadian Canola, Chemical Imports over Auto Tariffs

Key Points

• China has imposed tariffs on Canadian canola and chemical imports.
• The move comes after Canada retaliated against U.S. steel and aluminum tariffs.
• Experts warn that the tariffs could escalate tensions between the two countries.

Background

The trade dispute between China and Canada began in 2018 when the United States imposed tariffs on steel and aluminum imports. Canada retaliated by imposing tariffs on a range of Chinese goods, including passenger vehicles, light trucks, and chemicals.

China has since responded by imposing tariffs on Canadian canola and chemical imports. The tariffs range from 8% to 25% and are effective as of March 1, 2019.

Impact of the Tariffs

The tariffs are likely to have a significant impact on Canadian businesses. Canola is a major export crop for Canada, and China is one of the largest buyers of Canadian canola.

The tariffs are also likely to affect Canadian chemical companies. China is a major importer of Canadian chemicals, and the tariffs could make it more difficult for Canadian companies to compete in the Chinese market.

Outlook

It is unclear how the trade dispute between China and Canada will resolve. Experts warn that the tariffs could escalate tensions between the two countries.

The Canadian government has said that it is willing to negotiate with China to resolve the dispute. However, it is unclear whether China is willing to negotiate.