9 hours ago
16
TEMPO.CO, Jakarta - On Saturday, March 8, 2025, China announced new import tariffs worth more than US$2.6 billion (Rp 42 trillion) on agricultural and food products from Canada. This is a response to Ottawa's similar actions in October 2024.
Beijing's move is equivalent to initiating a new trade war, largely driven by tariff threats from U.S. President Donald Trump.
The tariffs were announced by the Chinese Ministry of Commerce and are scheduled to take effect on March 20, 2025, local time. These new import tariffs on Canadian agricultural and food products imposed by Beijing are equivalent to the 100 percent and 25 percent duties that Canada imposed on Chinese-made electric vehicles and steel and aluminum products from the Bamboo Curtain Country four months ago.
Reuters reported that Beijing is likely to keep the door open for dialogue to discuss this trade issue. Canola products are not included in the list of increased import tariffs from Canada to China. Canola is one of Canada's leading exports in the world for agricultural products.
Several analysts view Beijing's actions as a warning. This refers to the Trump administration's move to reduce import duties by up to 25 percent from the threats made by the White House to Canada and Mexico if they imposed additional duties of up to 20 percent, similar to what Trump imposed on Chinese goods related to the flow of fentanyl.
"Canada's policy is a serious violation of the rules of the World Trade Organization (WTO) and protective laws. Canada's discriminatory policies violate China's legitimate rights and interests," said the Chinese Ministry of Commerce in a statement.
The announcement stated that China would impose new import tariffs of up to 100 percent, or more than US$1 billion (Rp 16 trillion), on products such as canola oil, pastry products, and imported Canadian peas. Additionally, China will also impose a new 25 percent import tariff on aquatic products and pork from Canada.
Editor's Choice: Canada PM Trudeau Dismisses Trump's Tariffs as 'Very Dumb'
Click here to get the latest news updates from Tempo on Google News
Canadian Ambassador to Indonesia Speaks of Trump's Plan to Take Over Canada
1 hari lalu
The Canadian Ambassador to Indonesia, Jess Dutton, addressed reports of Donald Trump's plan to take over Canada.
FIFA to Consider One-Off Expansion to 64 Teams for 2030 World Cup
2 hari lalu
FIFA World Cup has already been expanded from 32 to 48 teams for next year's edition in the U.S., Mexico and Canada.
China Challenges U.S. to 'Any Type of War' After Trump Issues Import Tariffs
2 hari lalu
China is ready to fight until the end in the war against the United States, if Washington seeks any confrontation with Beijing.
Thailand Says Uyghur Deportation Due to Fear of China 'Retaliation'
2 hari lalu
Thai minister claims the possibility of retaliation from Beijing if the Uyghur refugees are sent to another country.
Top 10 Historical Places in the World to Visit, from Stonehenge to Machu Picchu
2 hari lalu
This article uncovers the top historical places in the world to visit, where each landmark unfolds a rich story of the past. Find out the list, here.
Canada PM Trudeau Dismisses Trump's Tariffs as 'Very Dumb'
3 hari lalu
Justin Trudeau considers the import tariffs imposed by Trump on Canada to be very dumb and Canada will retaliate.
Canada, U.S. Offered Uyghurs in Thailand Asylum Before Deportation to China, Sources Say
3 hari lalu
Thailand has defended the deportation of Uyghurs, which came despite calls from United Nations human rights experts.
Today's Top 3 News: 8 Pertamina Directors Caught in Corruption Cases
3 hari lalu
Here is the list of the top 3 news on Tempo English today, March 5, 2025.
Trump Triggers Trade War, Price Hikes with Tariffs on Canada, China and Mexico
4 hari lalu
U.S. President Donald Trump's new tariff policies spark trade wars that could slam economic growth and lift prices for Americans.
10 Countries with Best Education Systems in the World, Canada Ranks High
4 hari lalu
Developed countries, including Japan and Canada, currently have some of the best education systems in the world.
