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Federal ministers meet with canola lobby to discuss new China tariffs
China's tariff follows nearly a year-long investigation triggered by Canada's 100% tariff on Chinese electric vehicles, risking a $5 billion market and $649 million Manitoba exports.
- On Tuesday, China announced a 75.8 per cent anti-dumping tariff on Canadian canola, scheduled to take effect Thursday.
- In response to Canada’s 100 per cent tariff on Chinese electric vehicles, the Chinese government launched an anti-dumping probe nearly a year ago.
- Canadian canola exporters ship up to 5.9 million metric tonnes annually to China, valued at $4 billion, with Manitoba’s exports last year bringing in $649 million.
- On Wednesday afternoon, Agriculture Minister Heath MacDonald and International Trade Minister Maninder Sidhu are meeting with canola groups as industry calls for swift Ottawa action amid China’s 75.8 per cent tariff threat.
- Facing a steep tariff, Rick White, president of the Canadian Canola Growers Association, forecasted that canola prices will sag and that demand could exceed two million metric tonnes within Canada.
16 Articles
16 Articles
Federal ministers meet with canola lobby to discuss new tariffs from China
Agriculture Minister Heath MacDonald and International Trade Minister Maninder Sidhu are meeting with canola groups Wednesday afternoon to discuss China's announcement that it will hit Canada with a 75.8 per cent tariff on the crop.
Canada’s trade and agriculture ministers said they are “deeply disappointed” by China’s decision to impose new tariffs on the Canadian canola, but are willing to engage in dialogue with Beijing on the trade dispute. Trade Minister Maninder Sidhu and Agriculture Minister Heath MacDonald issued a joint communiqué Tuesday night in response to China’s announcement of a 75.8 percent preliminary anti-dumping tariff on canola seed from Canada. The new …
Federal ministers meet with canola lobby to discuss new China tariffs (Canada)
Agriculture Minister Heath MacDonald and International Trade Minister Maninder Sidhu were set to meet with canola groups Wednesday afternoon to discuss China's announcement that it will hit Canada with a 75.8 per cent tariff on the crop. The ministers had a meeting scheduled with the Canola Council ...
Agriculture Minister Heath MacDonald and International Trade Minister Maninder Sidhu meet with canola-producing groups on Wednesday afternoon, following China's announcement of a 75.8% duty on canola.
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