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Canada, China Ink Preliminary Deal on Canola and Pea Tariffs
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Canada, China Ink Preliminary Deal on Canola and Pea Tariffs
Canada and China have reached a preliminary agreement to remove tariffs on canola meal and peas, Saskatchewan Premier Scott Moe announced details of the deal at a recent news conference in Saskatoon, CBC reported.Tariffs on canola seed are expected to be reduced to 15%, with the changes taking effect by March 1. Last March, China imposed 100% tariffs on Canadian canola oil, meal, and seeds, as well as peas. In exchange for China’s tariff reducti…
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