China will continue to grow bilateral relations with Canada on the basis of mutual respect and equality, the foreign ministry said after Mark Carney won the race to lead Canada's ruling party and become the next prime minister.

China announced tariffs on Canadian agricultural and food products on Saturday in retaliation for October's decision to impose duties on Chinese-made electric vehicles, steel and aluminium. The Chinese commerce ministry said a 100 per cent tariff would be placed on Canadian rapeseed oil,

Starting just past midnight Tuesday, imports from Canada and Mexico are now taxed at 25%, with Canadian energy products getting tariffed at 10%.

The Trump administration will implement new tariffs this week while retaliatory taxes from Canada and China begin Monday.

Trump, who has imposed 25% tariffs on almost all products imported from Canada, has repeatedly said this year that the US has a “$200 billion” trade deficit with Canada – sometimes making the claim explicitly and sometimes using vaguer language about a supposed $200 billion subsidy or loss to Canada.

China will continue to grow bilateral relations with Canada on the basis of mutual cooperation, the foreign ministry said after Mark Carney won the race to become leader of Canada's ruling party and will become the next prime minister.