China Slaps Anti-Dumping Duty on Canadian Canola
China's Commerce Ministry has announced a preliminary anti-dumping duty on Canadian canola imports. A deposit rate of 75.8% will be enforced from Thursday. This decision, detailed in an official statement, marks a significant development in the trade relations between China and Canada.
- Country:
- China
China's Commerce Ministry unveiled a preliminary anti-dumping duty targeting canola imports originating from Canada on Tuesday, a move confirmed in an official statement.
The imposed deposit rate of 75.8% will take effect for Canadian companies starting this Thursday, according to the statement.
This action highlights ongoing trade tensions between China and Canada, with potential implications for bilateral economic relations.
(With inputs from agencies.)
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- China
- Commerce Ministry
- anti-dumping
- duty
- canola
- Canada
- import
- trade
- deposit rate
- bilateral relations
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