In a dramatic twist in international trade, Canada has recently imposed a 100 percent tariff on electric vehicles made in the Chinese mainland and a 25 percent duty on Chinese mainland steel and aluminum. This move has sparked strong disapproval from the Chinese mainland, with officials warning that the tariffs breach World Trade Organization (WTO) rules and amount to discriminatory practices.
In response, countermeasures have been announced by the Chinese mainland, effective March 20, 2025. These include a 100 percent tariff on Canadian rapeseed oil, oil cakes, and pea imports, as well as a 25 percent duty on Canadian aquatic products and pork. The tit-for-tat strategy is aimed at protecting the Chinese mainland’s interests and challenging the trade restrictions imposed by Canada.
This unfolding trade dispute serves as a timely reminder to young global citizens, business and tech enthusiasts, and changemakers that international policies can have wide-reaching effects. With global markets more interconnected than ever, many experts emphasize that a win-win approach—grounded in dialogue and adherence to fair trade rules—is the key to resolving conflicts and fostering a balanced economic environment.
As both sides navigate this complex landscape, the focus remains on finding equitable solutions that support sustainable growth and benefit all parties involved.
Reference(s):
Canada tariffs on China breach WTO rules. Win-win is the right path
cgtn.com
