China may temporarily lift duties on Canadian rapeseed meal and rapeseed oil
UkrAgroConsult
Canadian Prime Minister Mark Carney is expected to visit China around January 13, amid discussions on a possible partial easing of mutual trade restrictions. As part of these talks, Canada may suspend its tariffs on Chinese electric vehicles for one year, a move seen as an attempt to de-escalate tensions in bilateral economic relations.
In response, China could temporarily lift the additional 100% tariff on Canadian rapeseed meal (RSM) and rapeseed oil (RSO). However, trade restrictions on Canadian canola would remain in place. For Canada’s agricultural sector, this would provide limited but meaningful relief in access to the Chinese market, while a full resumption of canola trade remains uncertain.
Read also
Invest in the Best: What Attracts Investors in Agri Today
Ukraine ready to delay EU agricultural subsidies to speed up accession process
Global soybean processing to exceed 100 mln tons for the first time
Bangladesh’s corn imports rise amid expanding feed industry
Global rapeseed market expects increased supply from the EU
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon