# U.S. tariffs on Canadian canola industry will have widespread, devastating impacts | Canola Council of Canada

> The Canola Council of Canada and Canadian Canola Growers Association condemned Trump's announced 25 per cent tariffs on Canadian canola seed, oil and meal, effective February 4, 2025. The groups cited $8.6 billion in 2023 US export value, including about 3 million tonnes of oil and 3.5 million tonnes of meal.

- Date: 2025-02-02 · published 2025-02-02T12:00:00.000Z
- Category: trade · region US · magnitude high
- Page: https://feedsoft.ai/events/25995-u-s-tariffs-on-canadian-canola-industry-will-have-widespread-devastating
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Tariffs on canola oil and meal entering the US would reduce Canadian export demand and could push Canadian canola prices lower relative to futures.

## Read by commodity

- SBO: bearish ▼
- CANMEAL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2017-10-31 | [Canola industry urges TPP implementation to keep Canadian canola competitive \| Canola Council of Canada](https://feedsoft.ai/events/68422-canola-industry-urges-tpp-implementation-to-keep-canadian-canola-competitive.md) | +0.1% | -2.0% |
| SBO | 2025-01-27 | [U.S. threatening Canada’s canola oil industry - Grainews](https://feedsoft.ai/events/26601-u-s-threatening-canada-s-canola-oil-industry-grainews.md) | +2.0% | +4.1% |
| SBO | 2025-02-12 | [Tariff threats endanger Canada’s largest canola market \| The Western Producer](https://feedsoft.ai/events/25991-tariff-threats-endanger-canada-s-largest-canola-market-the-western-producer.md) | +2.1% | -5.2% |
| SBO | 2024-07-10 | [Oilseed industry worries rise in imported feedstock will undermine U.S. producers \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/15203-oilseed-industry-worries-rise-in-imported-feedstock-will-undermine-u-s.md) | -1.3% | -6.8% |
| SBO | 2025-04-04 | [Oil dives 7% to lowest in over 3 years on China's tariffs](https://feedsoft.ai/events/6315-oil-dives-7-to-lowest-in-over-3-years-on-china-s-tariffs.md) | -0.0% | +5.9% |

## Sources

- canolacouncil.org: https://www.canolacouncil.org/news/u-s-tariffs-on-canadian-canola-industry-will-have-widespread-devastating-impacts/

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