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Trade Tensions Escalate: China Takes Canada to Task at WTO Over Tariffs

Trade Tensions Escalate: China Takes Canada to Task at WTO Over Tariffs

September 6, 2024 Catherine Williams - Chief Editor News

China​ Seeks WTO Intervention ‌Over Canadian Tariffs on Electric Vehicles and⁣ Steel

China has requested the World Trade Organization⁣ (WTO) to intervene ⁣in a dispute with Canada over tariffs⁢ imposed ‌on‌ Chinese electric vehicles,⁢ steel, and aluminum products, according to‌ a report by Nikkei Asia.

Beijing’s move comes after ​Canada joined the United States and the European Union⁤ in imposing a⁢ 100% tariff on Chinese electric⁤ vehicles and a 25% tariff on steel and aluminum imports. In‍ response, China announced ⁤plans to launch an anti-dumping investigation into Canadian canola imports.

China’s Ministry of Commerce stated that Canada’s actions have ignored WTO‍ rules and‌ violated its WTO obligations. ⁣”Canada has proposed ⁢additional ‍tariffs of 100% and 25% without justification, ‌and we urge Canada to comply with WTO rules and immediately correct the wrongdoing,” the ‌ministry‌ said in a⁣ statement.

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