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China imposes new duty on Canadian canola

CBC News · Older
CBC News
CBC News
Older

On top of existing tariffs on Canadian canola oil, China has imposed a new duty on canola seeds after a year-long anti-dumping investigation, but farmers say they’re paying the price for ongoing geopolitical tensions.

Breakdown
  • China imposes a new duty of over 75% on Canadian canola seed imports. 19s
  • The tariff is part of an escalating trade dispute following Canadian duties on Chinese goods. 33s
  • China is Canada's second largest canola export market, valued at nearly $4 billion annually. 1m 1s
  • Canadian farmers face significant economic hardship due to the new tariff. 53s
  • The Canadian government has pledged to respond and protect canola sector workers. 1m 35s
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