China to impose 100% tariffs on Canadian canola

Canola farmers in Canada are worried as China plans to impose significant tariffs. Starting soon, China will charge a 100% tariff on Canadian canola oil and meal, along with a 25% duty on seafood and pork. This decision is a reaction to Canada's tariffs on Chinese electric vehicles. Clinton Monchuck, a canola farmer from Saskatchewan, expressed deep concern. He predicted a loss of $100,000 this year due to the tariffs. The situation is particularly alarming as it reminds farmers of similar trade issues from 2019. Former Prime Minister Justin Trudeau said China’s actions hurt Canada’s auto industry. The Canadian government believes the tariffs are unjustified but has not offered specific support for farmers. Ministers have stated that their focus is on protecting Canadian workers and supporting farmers. Farmers are calling for government action, as Alberta, Saskatchewan, and Manitoba rely heavily on canola exports to China. The Alberta Canola association is urging Ottawa to help cover losses from the tariffs. Canola prices have fallen since the announcement, leaving many farmers struggling. Alberta’s Agriculture Minister hopes for renewed talks with China. However, Saskatchewan has set aside no funds to assist farmers. The situation remains uncertain as Manitoba prepares to release its budget.