August 12, 2025
RED FM News Desk
China announced on Tuesday a preliminary anti-dumping duty on Canadian canola imports, marking a new escalation in a year-long trade dispute. The conflict began last August when Ottawa imposed tariffs on Chinese electric vehicle imports
The provisional duty will be set at 75.8%, effective from Thursday. China, the world’s largest importer of canola, sources almost all of its supply from Canada.
A Singapore-based oilseed trader commented, “This is huge. Who will pay a 75% deposit to bring Canadian canola to China? It’s like telling Canada, ‘We don’t need your canola.'”
This policy change represents a departure from the conciliatory tone set in June, when Chinese Premier Li Qiang had a phone call with Canadian Prime Minister Mark Carney. During the call, Li had stated there were no deep-seated conflicts of interest between the two countries.
In 2023, the total value of Canadian canola exports to China was $5 billion Canadian dollars.
Loading ...
