Related News

This school year, more states are moving to limit cell phones in the classroom. It’s happening as new data reveals that ⅔ of Americans believe all-day bans would boost grades,

The Federal Aviation Administration (FAA) has approved SpaceX’s plan to significantly increase Falcon 9 launches at Cape Canaveral Space Force Station without requiring a full Environmental Impact Statement. Under the

The much-anticipated Blood Moon total lunar eclipse will take place on the night of September 7–8, 2025, drawing the attention of skywatchers worldwide. A Blood Moon occurs when Earth moves

U.S. Federal Trade Commission Commissioner Rebecca Slaughter raised questions on Friday about the status of an artificial intelligence chatbot complaint against Snap that the agency referred to the Department of

Avishek Das | SOPA Images | Lightrocket | Getty Images Shares of advertising technology company AppLovin and stock trading app Robinhood Markets jumped in extended trading on Friday after S&P

Brandyn Frye feels squeezed by two businesses trending in opposite directions — data centers such as one he manages outside Chicago hum along with soaring demand for workers to keep

Trending News

In today’s digital age, the opportunity to make money online without any initial investment is more accessible than ever before. Whether you’re a student looking to earn some pocket money,

In today’s digital world, make money online has become a dream many want to turn into reality. Whether you’re looking for a side hustle or aiming to build a full-time

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

China to slap retaliatory tariffs on some Canadian products

Word Count: 228 | Estimated Reading Time: 2 minutes


Containers at the Port of Vancouver in Vancouver, British Columbia, Canada, Feb. 28, 2025.

Ethan Cairns/Bloomberg via Getty Images

China on Saturday announced retaliatory tariffs on some Canadian agricultural goods, hitting back after Ottawa slapped import duties on Chinese-made electric vehicles and steel and aluminum products.

Beijing said a 100% tariff would be imposed on Canadian rapeseed oil, oil cakes and peas, while a 25% levy would be placed on aquatic products and pork originating in Canada.

The tariffs are scheduled to come into force from March 20, according to a statement from China’s Customs Tariff Commission of the State Council.

The measures come amid a brewing global trade war, following several tariff announcements by the U.S., China, Canada and Mexico in recent months.

Canada imposed 100% import tariffs on Chinese-made EVs from Oct. 1 last year, following in the footsteps of the U.S. and the European Union over concerns related to unfair competition.

Ottawa also applied a 25% tariff on imports of steel and aluminum products from China, which came into effect from Oct. 15.

“Canada’s unilateral imposition of tariffs disregards objective facts and World Trade Organization rules, is a typical trade protectionist practice, constitutes a discriminatory measure against China, seriously infringes on China’s legitimate rights and interests, and undermines China-Canada economic and trade relations,” China’s customs authorities said in a statement on a Saturday, according to a Google translation.



Source link

Most Popular Articles