China sets temporary anti-dumping duty on Canadian canola

12/8/2025 19:28

China on Tuesday announced preliminary anti-dumping duties on Canadian canola imports, a fresh escalation in the year-long trade dispute that began with Ottawa's imposition of tariffs on Chinese electric vehicle imports last August.



The provisional rate will be set at 75.8%, effective from Thursday, the Ministry of Commerce said in a statement.



ICE November canola futures fell 4% to a three-month low after the announcement.



China, the world's largest importer of canola - also known as rapeseed - sources nearly all of its supplies of the product from Canada. The steep duties would likely all but end imports if they are maintained.



"This is huge. Who will pay a 75% deposit to bring Canadian canola to China? It is like telling Canada that we don't need your canola, thank you very much," said one Singapore-based oilseed trader.