🌎 China imposes a 100% tariff on agricultural products from Canada 🧾📈
The tariff escalation continues. Starting March 20, 2025, China will apply a 100% tariff on imports of canola oil, peas, and turtles from Canada. Additionally, products such as pork and seafood will face a 25% tariff.
This measure responds to the tariffs imposed by Canada in 2024, which include a 100% tariff on Chinese electric vehicles and a 25% tariff on steel and aluminum.
📌 Possible effects on the market:
✅ Variations in agricultural product prices.
✅ Impact on the global supply chain.
✅ Changes in the dynamics of international trade.
What do you think about this trade escalation?