This move is very clever! If Canada does not actively improve its relations with China, its orders will be replaced by countries such as Australia! On July 17th, as Australian Prime Minister Albanese visited China, two Australian agricultural industry insiders revealed that Australia is about to reach an agreement with China to allow Australian suppliers to trial the shipment of five batches of canola seeds.

If the framework agreement is reached, Australian suppliers will trial ship five batches of canola seeds to China, with a total volume of approximately 150,000 to 250,000 tons. Obviously, Australia is very excited about this news. According to relevant data, China is the world's largest importer of canola seeds, while Canada is the world's largest exporter of canola seeds, and Australia is the second-largest exporter. However, due to reasons such as impurities and excessive bacteria in Australian canola seed cargo, China has banned the import of canola seeds from Australia.

This time, we are about to resume the import of Australian canola seeds, which is naturally very exciting for Australia. However, this is certainly not a good news for Canada. In 2024, because Canada imposed a 100% tariff on our electric vehicles and a 25% tariff on our steel and aluminum products, we retaliated by imposing a 100% tariff on canola oil, canola meal, and peas from Canada. Obviously, Canadian canola products have lost their competitiveness in the Chinese market.

This time, by resuming the import of Australian canola seeds, Canada will watch helplessly as the market that originally belonged to Canada is replaced by Australia. Obviously, this action conveys a clear message: Australia actively improves its relations with China, so Sino-Australian economic and trade cooperation will proceed in an orderly manner. While Canada improves its relations with China slowly, we certainly will not leave the market to Canada. This kind of warning is indeed a clever move.

Original article: https://www.toutiao.com/article/1837856921705481/

Statement: This article represents the personal views of the author.