China’s retaliatory tariffs on US farm goods kick in, as trade war escalates – business live
Rolling coverage of the latest economic and financial newsChina also announced new tariffs against Canada last weekend, creating an early headache for new prime minister Mark Carney.Beijing is bringing in tariffs on over $2.6bn worth of Canadian agricultural and food products, in a retaliation against levies on China-made electric vehicles and steel and aluminium products which Ottawa introduced last October.“Canada’s measures seriously violate World Trade Organization rules, constitute a typical act of protectionism and are discriminatory measures that severely harm China’s legitimate rights and interests.” Continue reading...
Rolling coverage of the latest economic and financial news
China also announced new tariffs against Canada last weekend, creating an early headache for new prime minister Mark Carney.
Beijing is bringing in tariffs on over $2.6bn worth of Canadian agricultural and food products, in a retaliation against levies on China-made electric vehicles and steel and aluminium products which Ottawa introduced last October.
“Canada’s measures seriously violate World Trade Organization rules, constitute a typical act of protectionism and are discriminatory measures that severely harm China’s legitimate rights and interests.” Continue reading...
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