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The Canada Border Services Agency has initiated a probe to determine if truck bodies imported from producers operating in China are sold at unfair prices or being subsidized. It follows a complaint by Canadian truck body manufacturers Morgan Canada Corp. and Morgan Transit Corp., which allege that dumped and subsidized imports have undercut prices, decreased bookings and cost them sales.
The investigation comes ahead of Carney’s trip to the Asia-Pacific Economic Cooperation summit in Gyeongju, South Korea, where he hopes to meet with Chinese President Xi Jinping in an effort to lessen an escalating trade war between Canada and its second-largest trading partner. China has imposed tariffs on Canadian canola, seafood and pork in retaliation for Canada’s levies on Chinese electric vehicles, steel and aluminum, which were imposed last year to align with U.S. policy against key Chinese sectors.
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The border service agency said it will issue a decision on its inquiry into damage to local manufacturers by Dec. 23 and that the Canadian International Trade Tribunal will make its ruling on dumping and subsidies by Jan. 22 next year.