Source: Bloomberg
“Canada’s trade and agriculture ministers said they are ‘deeply disappointed’ with China’s decision to impose new duties on [Chinese buyers of] Canadian canola, but stand ready to engage with Beijing on the trade dispute. Trade Minister Maninder Sidhu and Agriculture Minister Heath MacDonald issued a joint statement late Tuesday responding to China’s announcement of a 75.8% preliminary anti-dumping duty on [Chinese buyers of] canola seed from Canada. The new levy follows Beijing’s imposition earlier this year of a 100% tariff on [Chinese buyers of] canola oil and meal from the North American nation. … Canola meal prices in China — where the commodity is known as rapeseed — jumped following the announcement of the new duty.” (08/13/25)