Politics and diplomacy can be an amazing thing. Sometimes when you’re in the middle you can leverage both sides and get good deals with everyone. Other times, both sides use you as a punching bag.
After getting beaten up by Canada’s ‘best friend’ all week in the USA, China decided to pile on over the weekend with tariffs on:
- Rapeseed (canola) — 100% tariff
- oilcakes
- peas
- aquatic products
- pork
The tariffs go into effect on March 20.
This is retaliation for Canadian tariffs on Chinese autos, steel and aluminum; which was something Canada did at the behest of the United States.
Trudeau has salvaged some of his reputation by standing up to the United States this year but on Sunday, he will be replaced and hopefully the new Liberal leader can better manage the relationship with trading partners.
