# Tariffs on Chinese EVs prompt canola worries | The Western Producer

> Canada announced a 100 per cent surtax on Chinese-made electric vehicles effective Oct. 1, 2024, and a 25 per cent surtax on Chinese steel and aluminum effective Oct. 15. Some observers fear China could again target canola in retaliation.

- Date: 2024-08-26 · published 2024-08-26T12:00:00.000Z
- Category: trade · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/28763-tariffs-on-chinese-evs-prompt-canola-worries-the-western-producer
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

A Chinese retaliation against canola would cut export demand for Canadian canola and meal, weighing on prices. The risk is a possibility rather than an established measure.

## Read by commodity

- CANMEAL: bearish ▼

## Sources

- producer.com: https://www.producer.com/livestock/tariffs-on-chinese-evs-prompt-canola-worries/

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