• Canada has imposed a 100% tariff on imports of Chinese-made polyethylene terephthalate (PET) bottles, jars, and preforms. This move is in response to the Chinese government's alleged dumping of these products in the Canadian market, which has been causing significant harm to the domestic PET industry.

• The tariff, which came into effect on April 3rd, 2023, is intended to level the playing field and protect Canadian manufacturers from unfair competition. The decision was made after a thorough investigation by the Canada Border Services Agency (CBSA), which found evidence of dumping and subsidization of these PET products by Chinese producers.

• The new tariff is expected to have a significant impact on the cost of PET imports from China, making them less competitive in the Canadian market. This, in turn, is likely to benefit Canadian PET producers, who have been struggling to compete with the influx of cheaper Chinese imports. The move is also seen as a broader effort by the Canadian government to address trade imbalances and protect domestic industries from unfair competition.