7 days ago
China Sets Steep Duties on Canadian Imports, Opens New Probe
China announced on Aug. 12 that it would impose tariffs on rapeseed and rubber products imported from Canada, escalating trade tensions between Beijing and Ottawa.
China will implement a 26.2 percent duty on halogenated butyl rubber imported from Arlanxeo Canada, and a 40.5 percent duty will be levied on the same products from other Canadian companies, according to a statement from the Chinese Ministry of Commerce.