Settings

Theme

China announces retaliatory tariffs on some Canada farm, food products

reuters.com

8 points by huang_chung 9 months ago · 4 comments

Reader

JumpCrisscross 9 months ago

Why is Canada still in a trade war with China?

  • fspeech 9 months ago

    100% tax on EV imports and 25% metal tax imposed on China by Canada about half an year ago. Canada is in a tough spot. It needs to sync up its tade policy with the US in order to maintain its free trade with the US.

    • JumpCrisscross 9 months ago

      > It needs to sync up its tade policy with the US in order to maintain its free trade with the US

      Ship has sailed. Ottawa should offer to drop trade restrictions with China in exchange for Beijing doing the same. It not only provides a needed jolt to the Canadian economy, it also sends a message to the White House that Canada shouldn’t be taken for granted. (I’d also start making motions about green lighting energy-export terminals to Europe and Asia.)

      • fspeech 9 months ago

        Unlikely as Canada ultimately depends on the US as a security provider, but yes, like Vietnam, it makes sense to trade with both sides. It's also why the US doesn't like it.

        China's tax on rapeseed oil is like Canadian tax on EV, as China imports very little from from Canada due to prior trade frictions. But its rapeseed imports almost exclusively depend on Canada.

Keyboard Shortcuts

j
Next item
k
Previous item
o / Enter
Open selected item
?
Show this help
Esc
Close modal / clear selection