Exporters Diversified Canola Trade Away from China: RBC
Exporters Diversified Canola Trade Away from China: RBC
Canadian exporters had already begun diversifying canola trade well before China levied punitive tariffs last summer, a move that has now softened the blow as Ottawa and Beijing strike a partial trade truce set to take effect March 1, 2026, according to an RBC analysis released earlier this week.
Under the truce, China will remove 25% tariffs on Canadian seafood, peas and canola meal, while sharply reducing tariffs on canola seed from 75.8% to 15%. In return, Canada will lower tariffs on imports
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