Organizations representing Canadian canola producers are raising concerns about the impact of newly announced Chinese tariffs, saying that the latest duties, combined with earlier restrictions imposed this year, have effectively shut Canada out of its second largest canola export market.
China’s Ministry of Commerce announced on Aug. 12 it would impose 75.8 percent temporary tariffs on Canadian canola, starting on Aug. 14. The tariffs are part of a preliminary ruling from an anti-dumping investigation the regime launched last year, which the ministry says found “that canola imported from Canada is being dumped,” affecting China’s domestic industry. Dumping involves selling products to another country at a price below their normal value.
