Foreign media: Due to the tariff dispute between China and Canada, imports of canola from Canada to China have significantly decreased, with a 55% drop in July compared to the same period last year, down to 173,250 tons, the lowest level since July 2023.
Previously, Canada was the main source of China's canola imports, supplying all of China's canola imports in 2023 and 2024. However, in March this year, due to Canada imposing high tariffs on Chinese electric vehicles, China imposed retaliatory tariffs on Canadian agricultural products, including a 100% tariff on canola.
Currently, China is seeking alternative supply sources, and Australia has begun supplying canola to China. According to sources, China has purchased approximately 50,000 tons of canola from Australia as experimental procurement.
Original article: www.toutiao.com/article/1841043366392904/
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