China announced tariffs on over $2.6 billion worth of Canadian agricultural and food products on Saturday, retaliating against levies Ottawa introduced in October and opening a new front in a trade war largely driven by U.
Canadian farmers could take a big hit from China’s sudden retaliatory tariffs that take aim at canola, pork and other food commodities. Chris Davison, president of the Canola Council of Canada, said the tariffs are prohibitively high and the fallout will be felt across his industry.
Initially, his administration imposed a blanket 25 percent tariff on trade with Canada, excluding certain energy products, and 25 percent on Mexico. However, some of these were later suspended for one month. Trump also placed an additional 10 percent tariff on trade with China.
Canada and the United States offered to resettle 48 ethnic Uyghurs held in detention in Thailand over the past decade, sources told Reuters, but Bangkok took no action for fear of upsetting China, where they were covertly deported last week.