XPost: can.politics, can.taxes, can.general   
   XPost: soc.culture.canada, can.atlantic.general   
   From: none@none.com   
      
   Sky-high Chinese tariffs block Canadian access to market.   
      
   Jan 02, 2014   
      
   Canada’s trade deficit with China is widening amid a slowing of raw   
   materials exports to China, while Canadians continue to import $50   
   billion a year of Chinese products.   
      
   According to Industry Canada, the 2012 trade deficit with China was   
   $31.7 billion in 2012, four times the deficit a decade ago.   
      
   Canada-China trade 2012   
      
   Chinese exports to Canada   
      
   Electrical machinery and equipment   
   Boilers, mechanical appliances   
   ?Furniture   
   Toys and sports equipment   
   Iron, steel articles   
      
   Canadian exports to China   
      
   Ores, slag and ash   
   Woodpulp, paper   
   Oilseeds, grains, fruit   
   Wood, wood articles   
   Fats, oils and waxes   
   And while China exports manufactured goods, like electrical machinery,   
   furniture and footwear, to Canada, it imports mainly raw materials.   
      
   Currently the top Canadian exports to China by value are wood pulp, oil   
   seeds and grains, ores, mineral fuels and oil.   
      
   The Chinese market for Canadian-made manufactured goods is being   
   blocked by a high tariff wall, which makes the cost of these products   
   prohibitive for Chinese consumers.   
      
   MO851, a Montreal-based maker of luxury leather goods, has opened a   
   boutique in Beijing, hoping to cash in on the huge Chinese consumer   
   market with a taste for luxury goods.   
      
   A bag that retails for  $465 in Montreal, costs 90 per cent more in   
   Beijing due to tariffs, taxes and luxury taxes.   
      
   Jim Stanford, an economist for the CAW, now part of Unifor, says the   
   result of high tariffs is a loss of jobs to Canadians.   
      
   “It is incredibly frustrating that these policies which are very   
   advantageous to China have really curtailed our ability to export to   
   China,” he told CBC News.   
      
   Chinese products face no such tariffs as when they are imported to   
   Canada, despite undercutting many Canadian-made goods.   
      
   China’s tariffs have been a key irritant in trade with the EU and North   
   America but are allowed through China’s deal with the World Trade   
   Organization.   
      
   For Canadian manufacturers, they can mean a bewildering welter of red   
   tape that blocks access to the market.   
      
   One of the hopes out for the TransPacific Partnership, a trade deal   
   currently under negotiation, is that the trading block would be   
   powerful enough to force China to reduce its tariffs.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)