Canadian Canola Producers ‘Deeply Disappointed’ by China’s New Tariffs, Call for Ottawa’s Support

Date:

Canadian Canola Producers ‘Deeply Disappointed’ by China’s New Tariffs, Call for Ottawa’s Support

A farmer rakes his hay field surrounded by canola fields near Cremona, Alta., in a file photo. The Canadian Press/Jeff McIntosh

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.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Rescuers Search for Survivors in Colombia After Deadly Earthquake

Rescuers are trying to find survivors amid the debris...

Australia Deepens Defence Ties With Vietnam Amid Human Rights Concerns

Australian Prime Minister Anthony Albanese has met with Vietnamese...

FBI Director Vows to Annihilate Scam Compounds Targeting Americans

WASHINGTON—Deep in the jungle in Southeast Asia, behind high...

Attack on Cargo Ship Near Yemen in Red Sea Causes Casualties, UK Group Says

In this handout photo provided by U.S. Central Command,...