In China, Reuters reported that the Chinese Government announced preliminary anti-dumping duties on Canadian canola imports, escalating a year-long trade dispute that began with Ottawa’s imposition of tariffs on Chinese electric vehicle imports last August.
The provisional rate will be set at 75.8%, the Ministry of Commerce, said.
The Canadian government disputed the Chinese finding saying that the country does not dump canola and that it was “deeply disappointed” with China’s decision, but remained open to dialogue.
Canola Council of Canada President Chris Davison said that duty rate makes the Chinese market effectively closed for Canadian canola. Canada exported almost $3.64 billion of the oilseed crop to China in 2024, according to the report.
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Category: Food & Agriculture
