China has opened an anti-subsidy probe into imported dairy products from the European Union, stepping up tension with the bloc a day after Brussels released its revised draft decision related to tariffs on China-made electric vehicles.
Tag Archives tariffs
Explainer: China’s probes on EU products following EV tariffs
Tariffs on Chinese EVs prompt canola worries
Some people are wondering if canola could once again be in China’s crosshairs if the country retaliates against a series of new punitive tariffs announced by Canada on Monday.
Explainer: China widens probe of EU imports
China has widened its investigation into imported EU products, adding an anti-subsidy probe of cheese, milk and cream to anti-dumping checks on pork and brandy.
Pulse weekly: Yellow, green pea prices rise
India’s extension of tariff-free pea imports last month has caused a rise in Canadian prices, according to a Saskatchewan pulse merchant.
UK says rules of origin deal with Canada probably won’t be extended
Post-Brexit trading rules expire at the end of March; trade talks paused over tensions
Britain said on Wednesday that post-Brexit trade arrangements with Canada that enable its carmakers to avoid high tariffs there were likely to expire next week, marking the latest deterioration in trade ties between the historic allies.
EU plans to hit Russia, Belarus grain imports with tariffs
Commission aims to curb Russian income, prevent market distortions, placate farmers
The European Commission proposed on Friday imposing tariffs on imports of grain from Russia and Belarus in an attempt to prevent Moscow and its ally from distorting EU markets and placate farmers who have protested for months over cheap imports.
Pulse weekly outlook: Lentil demand, prices on the rise
Reduced production in India, tariff elimination driving demand
The increasing demand for lentils, especially green lentils, is raising prices while Canadian stocks are also tighter than they were a year ago.
Australian wine industry faces hangover from China’s tariffs
Over two billion litres of wine in storage
Sydney | Reuters — Australia’s wine industry faces severe oversupply problems that will need years to resolve, experts say, pointing to Chinese tariffs, high production and export bottlenecks during the COVID-19 pandemic. Vineyards nationwide have enough wine in domestic storage to fill 859 Olympic swimming pools, Rabobank said this week in its third-quarter wine report. […] Read more
Australia disappointed with China move to extend barley tariffs review
Tariff wall in place since 2020
Sydney | Reuters — Australia said on Wednesday it was disappointed that China has asked for another month to complete a review needed to lift tariffs on barley and warned it would resume a case at the World Trade Organization (WTO) if there was further delay. Australia on April 11 agreed to temporarily suspend a […] Read more
Australia expects ‘favourable decision’ from China on barley
Heavy tariffs in place since 2020
Sydney | Reuters — Australia is expecting a positive decision over the next two weeks from China to fully settle a dispute over barley tariffs, Trade Minister Don Farrell said Thursday. “We are expecting in the next couple of weeks a favourable decision on the tariffs that has prevented Australian barley going into China,” Farrell […] Read more