China Launches Probe into Canadian Rapeseed Imports Amid Escalating Trade Tensions

Reported about 1 month ago

In response to Canada imposing tariffs on Chinese electric vehicles, steel, and aluminum, China has initiated an anti-dumping investigation into rapeseed imports from Canada. The Ministry of Commerce stated that these actions are necessary to protect Chinese companies' interests. Last year, over 90% of China's rapeseed imports were from Canada, and the recent tariffs have raised concerns over potential impacts on canola futures, leading to significant market fluctuations.

Source: YAHOO

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