Chinese Tariffs Impact Canadian Agriculture
This is a China news story, published by Global News, that relates primarily to Kent Smith news.
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Chinese tariffGlobal News
•Business
Business & Economics
China’s tariffs on Canada are in place. What are they targeting? | Globalnews.ca
68% Informative
China has imposed a 100 per cent levy on Canadian canola oil and meal, as well as peas, plus a 25 per cent duty on seafood and pork.
China is Canada ’s top export market for canola seeds, oil, meal and meal.
The tariffs come just weeks before seeding begins for this season 's crops.
The growing trade war has upended recent efforts to improve relations between Ottawa and Beijing .
Alberta set aside $4 billion this year to manage its response to tariffs, up $2 billion from the year before .
Nova Scotia Fisheries Minister Kent Smith says he heard “cautious optimism” from seafood producers.
Industry groups say government will eventually have to step in with new supports to address China ’s tariffs specifically.
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