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China said it will suspend some tariffs on Canadian agricultural products, covering canola meal and peas at 100% and lobster and crab at 25%, from March 1 through the end of 2026. The announcement made no mention of canola seed tariffs, which Ottawa had expected to be cut to about 15%.
A Chinese canola probe is due to conclude March 9, and buyers are already booking Canadian cargoes.
Booking of Canadian canola cargoes ahead of the reduced rate supports Canadian canola demand, but the unresolved seed tariff keeps the outcome uncertain until the March 9 ruling.
cbc.caThomson ReutersMar 1, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
