China’s renewed threat of trade sanctions against Canadian canola, following Ottawa’s tariffs on its electric vehicles, marks the latest instance of an apparent retaliatory tactic by Beijing.
A glance at some recent examples shows that several countries targeted by the communist regime’s retaliatory bans managed to withstand them by diversifying into other markets. Australia redirected its barley exports after China imposed duties in 2020 that effectively blocked exports to that market. Taiwan marketed its pineapples to new buyers following China’s 2021 restrictions.