BEIJING: China mentioned on Tuesday (Sep 3) it could launch an anti-dumping probe into Canadian canola and chemical merchandise, in obvious retaliation for Ottawa’s new restrictions on imports of Chinese language electrical autos (EVs).
Canadian Prime Minister Justin Trudeau final month announced tariffs of 100 per cent on Chinese EVs, accusing Beijing of “not taking part in by the identical guidelines as different international locations” in areas like environmental and labour requirements.
America and the European Union have additionally respectively slapped tariffs of 100 per cent and three6 per cent on Chinese EVs, arguing that Beijing unfairly subsidises home producers whose merchandise then flood international markets and undercut native opponents.
China has repeatedly criticised the imposition of levies and launched a sequence of its personal investigations in response.
Its commerce ministry mentioned in an internet assertion on Tuesday that it “will provoke an anti-dumping investigation into canola imported from Canada, in accordance with the regulation”.
The ministry mentioned home industries had just lately reported that Canadian canola exports to China “have elevated considerably”, reaching US$3.47 billion in 2023 whereas costs “have continued to fall”.
It mentioned Canadian exporters had been “suspected of dumping” merchandise into the Chinese language market, including that “China’s home canola-related industries have continued to incur losses underneath the affect of unfair competitors by the Canadian facet”.
The assertion additionally mentioned Beijing was “strongly dissatisfied and resolutely opposed” to the Canadian tariffs and deliberate to lift the difficulty with the World Commerce Group’s dispute decision mechanism.
