{"id":64738,"date":"2025-08-12T19:45:09","date_gmt":"2025-08-12T19:45:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/64738\/"},"modified":"2025-08-12T19:45:09","modified_gmt":"2025-08-12T19:45:09","slug":"china-imposes-preliminary-75-8-duty-on-canadian-canola","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/64738\/","title":{"rendered":"China imposes preliminary 75.8% duty on Canadian canola"},"content":{"rendered":"<p>\u201cIt\u2019s so large that it\u2019s hard to see how any canola would be going into China. It looks like one of the biggest markets that we have has been effectively shut down,\u201d Leftwich said. \u201cFarmers are trying to make plans for the fall. It\u2019s affecting crushers, it\u2019s affecting exporters, farmers are trying to figure out if they have to store canola for longer periods of time.\u201d  <\/p>\n<p>\t<img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2025\/07\/1753405088_218_indicator-big.gif\" alt=\"\"\/><\/p>\n<p>Leftwich said the impact will be felt well beyond the farm gate.  <\/p>\n<p>\u201cDevastating to the farmer, devastating to the the person that he\u2019s buying supplies from, devastating to all of the small towns,\u201d he said.  <\/p>\n<p>Leftwich warns the numbers could add up to billions in lost value and he would like to see Ottawa step in before farmers face serious losses. <\/p>\n<p>The Prime Minister\u2019s Office deferred comment on the canola tariffs to the secretary of state for international trade. <\/p>\n<p>The new tariffs are on top of 100 per cent levies on Canadian canola oil and meal, and peas, and a 25 per cent tariff on pork and seafood products.  <\/p>\n<p>China also added an anti-dumping probe into Canadian pea starch imports is being launched, which could take up to a year-and-a-half. <\/p>\n<p>ICE canola futures were sharply lower this morning by $40 per tonne after the announcement. <\/p>\n<p>\u2013<\/p>\n<p>alice.mcfarlane@pattisonmedia.com<\/p>\n","protected":false},"excerpt":{"rendered":"\u201cIt\u2019s so large that it\u2019s hard to see how any canola would be going into China. It looks&hellip;\n","protected":false},"author":2,"featured_media":64739,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[45,49,48,46],"class_list":["post-64738","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-ca","tag-canada","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/64738","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=64738"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/64738\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/64739"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=64738"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=64738"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=64738"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}