Trade Tensions Rise: Canada’s canola exports are facing a 76% tariff from China

“This essentially shuts Canada out of the China market.”

Canadian farmers are reeling from the announcement that China is applying a tariff of 76% on canola.

Host of RealAg Radio, Shaun Haney spoke with RFD-TV’s own Suzanne Alexander about China’s decision, ripple effects, and compensation for Canadian growers.

Related Stories
Canadian industry leaders argue the tax policies cited by U.S. officials are similar to exemptions already used by American growers.
Current estimates are already hovering around 80 weeks.
Soybeans accounted for nearly half of the $15 billion in losses on U.S. ag exports to China due to tariffs, according to researchers at North Dakota State University.
Cattle analysts say the U.S. beef cattle herd rebuild still faces major hurdles despite some minor positive signals noted in certain regions.