China announces some Canadian farms, retail operations on food products
On Saturday, China announced the tariffs for Canada's agricultural and food products against the charges in October, which was presented on Chinese electric vehicles, steel and aluminum products.
The tariffs announced by the Ministry of Commerce, which will enter the trade war on March 20, which are mainly due to the statement of US President Donald Trump on the threats to protect the tariffs and other nations of Canada, Mexico and China.
China will use 100% tariff for the Canadian Rapar for oil, oil cakes and peas, and 25% of Canadian water products and pork reports.
The 100% tariff for Canada, on the 25 percentage price of Chinese EVS and its aluminum and steel production, violates the rules of the World Trade Organization, are discriminatory measures that severely damage China's legal rights and interests.
Aston, Aston, Ottawa said that Ottawa was forced to disagree with what she called China's deliberate state policy to follow the United States and the European Union.
China is the second largest trading partner of Canada that remains with the United States
“Widespread and negative impact”
Chris Devon, Chairman of the Canadian Calley Council and CEO, reports that China's statement is “going to have a common and negative impact on Canada's Cannad Industry.”
“To say that people are worried that there will be an underestimate,” said Devonon. He added that American and Chinese markets together “usually represent more than 75 percent of Canada's global Canola trade.”
On Friday, the Federal Government announced some of the financial tariff assistance for Canadian business and employees, including $ 1 billion, to reduce the financial barriers to Canada's agriculture and food industry.
Davunkon said, “In the immediate short term, the Federal government will financially support the Canadian Canadian Industry.”
He also said that it is necessary to be a “meaningful involvement” between all trade partners in Ottawa and Canada.
“All markets are risks related to them, and we must effectively manage those risks,” said Davison. “And it requires good, strong involvement between the two governments in this case.”
