China’s tariffs on canola are the “most immediate threat” to western Canada’s economy, Saskatchewan Premier Scott Moe said, even as the US threatens to raise import taxes against a wide range of Canadian goods.
China announced a 100% tariff on rapeseed oil and meal from Canada, where the crop is known as canola, along with a smaller duty on pork and seafood earlier this month in response to Canadian tariffs on Chinese-made electric vehicles, steel and aluminum.
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