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It gets even worse for Canada as China puts on tariffs

by Investor News Today
March 8, 2025
in Investing
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It gets even worse for Canada as China puts on tariffs
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Politics and diplomacy might be an incredible factor. Generally once you’re within the center you possibly can leverage each side and get good offers with everybody. Different instances, each side use you as a punching bag.

After getting overwhelmed up by Canada’s ‘greatest buddy’ all week within the USA, China determined to pile on over the weekend with tariffs on:

  • Rapeseed (canola) — 100% tariff
  • oilcakes
  • peas
  • aquatic merchandise
  • pork

The tariffs go into impact on March 20.

That is retaliation for Canadian tariffs on Chinese language autos, metal and aluminum; which was one thing Canada did on the behest of america.

Trudeau has salvaged a few of his repute by standing as much as america this 12 months however on Sunday, he shall be changed and hopefully the brand new Liberal chief can higher handle the connection with buying and selling companions.



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