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China on Tuesday announced a preliminary anti-dumping duty on Canadian canola imports — a fresh escalation in a yearlong 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 per cent, effective from Thursday, the statement said. China …
Read More »Canada’s canola sector may see ‘billion-dollar hit’ in China probe: report
As Canada’s canola farmers brace for potential impact from China’s new anti-dumping investigation into Canadian canola imports, a new report from an international credit rating agency suggests the move could lead to a “billion-dollar hit” for the country and its supply chain. Morningstar DBRS said in a report released Thursday …
Read More »Canola farmers say China retaliatory probe ‘one more thing’ to worry about
Farmers are bracing for the potential impact of China’s new anti-dumping investigation into Canadian canola imports, which comes amid an already tumultuous year of economic and environmental challenges. China’s announcement Tuesday was in response to Canada planning to impose increased tariffs on Chinese-made electric vehicles, steel and aluminum. While the …
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