# China Responds to Canada’s EV Tariffs With Rapeseed Probe - TT

> China will open an anti-dumping probe into rapeseed imports from Canada in response to Canada's tariffs on Chinese electric vehicles, steel and aluminum. More than 90% of China's rapeseed imports last year came from Canada, totaling 5.05 million tons. Zhengzhou rapeseed meal and oil futures rose at least 6%, while North American canola fell by the exchange limit.

- Date: 2024-09-03 · published 2024-09-03T12:00:00.000Z
- Category: trade · region China · magnitude high
- Page: https://feedsoft.ai/events/6161-china-responds-to-canada-s-ev-tariffs-with-rapeseed-probe-tt
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Trade restrictions threaten Canada's largest canola export market, pressuring canola and canola meal prices on glut fears. Higher Chinese domestic futures show the disruption to supply chains.

## Read by commodity

- USDCAD: neutral
- CANMEAL: bearish ▼

## Sources

- bbc.com: https://www.bbc.com/news/articles/c93p2yev3w2o
- reuters.com: https://www.reuters.com/business/china-says-it-will-start-anti-dumping-probe-into-canola-imports-canada-2024-09-03/
- ttnews.com: https://www.ttnews.com/articles/china-canada-rapeseed-probe

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