Bangladesh, March 9 -- The ongoing trade war between China and Canada has escalated further as Beijing announced significant tariffs on Canadian agricultural and food products. The move comes in direct retaliation to Ottawas decision to impose hefty duties on Chinese electric vehicles (EVs), steel, and aluminum. The latest exchange of economic sanctions underscores the growing tension between China and Western nations over trade policies and market dominance.

On March 20, Chinas Ministry of Commerce will implement steep tariffs on a range of Canadian exports. Canadian rapeseed oil, oil cakes, and peas will face a staggering 100% duty, while aquatic products and pork exports will be hit with a 25% tariff. These sanctions are expected to s...