Overview

• China's Ministry of Commerce announced an anti-dumping investigation into Canadian canola imports, citing unfair competition.
• Canada recently imposed a 100% tariff on Chinese electric vehicles and a 25% tariff on steel and aluminum.
• China plans to take the issue to the World Trade Organization and may also investigate Canadian chemical products.
• More than half of Canada's canola production is exported to China, valued at $3.47 billion in 2023.
• Previous trade tensions between the two countries have also involved canola, with China suspending Canadian exports in 2019.