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'The worst of all scenarios': Canola farmers feeling ‘vulnerable’ amid dual U.S.-China trade wars

calgaryherald
Summary
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71% Informative

China is set to impose tariffs on Canadian agricultural products next week , while delayed U.S. tariffs still threaten further uncertainty to the industry.

Alberta is a key player in Canada 's canola industry, producing nearly 30 per cent of the country’s total canola output, second only to Saskatchewan ( 55 per cent ) China has announced 100 per cent retaliatory tariffs on canola oil and canola meal, expected to come into effect March 20 .

China revoked Canadian export licences for canola in 2019 , widely seen as retaliation for Canada 's detention of Huawei executive Meng Wanzhou .

China had been the largest importer of Canadian canola, with imports peaking at $2.8 billion in 2018 .

White says the current situation highlights the need for Canada to reduce its reliance on the U.S. and China by expanding domestic and alternative markets.

One promising avenue is the biofuel industry, White says.

VR Score

76

Informative language

76

Neutral language

39

Article tone

formal

Language

English

Language complexity

57

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not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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9

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