# Canada-China truce to bring relief for agricultural exports with caveats - RBC Economics

> RBC Economics says the Canada-China truce removes 25% tariffs on Canadian seafood, peas and canola meal, and cuts the canola seed tariff from 75.8% to 15% from March 1, 2026. In exchange Canada lowers tariffs on Chinese electric vehicles to 6.1% for up to 49,000 vehicles. The bank notes that Canadian canola exports to China fell sharply in 2025 as trade diversified elsewhere.

- Date: 2026-02-02 · published 2026-02-02T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/20594-canada-china-truce-to-bring-relief-for-agricultural-exports-with-caveats-rbc
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

The truce should restore some Chinese demand for Canadian canola products, but diversification to other buyers limits how much prices can rebound.

## Read by commodity

- CANMEAL: bullish ▲

## Sources

- rbc.com: https://www.rbc.com/en/economics/canadian-analysis/featured-analysis/insights/canada-china-truce-to-bring-relief-for-agricultural-exports-with-caveats/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.