# Canola Council encouraged by efforts to advance trade relations with China | Canola Council of Canada

> Canadian PM Justin Trudeau and Chinese Premier Li Keqiang concluded the second Annual Leaders' Dialogue in Beijing, where canola biotech trait approvals were raised. The Canola Council said formal trade negotiations have not begun but welcomed efforts to lower tariffs. China's current tariffs are 9% on canola seed and oil and 5% on canola meal, versus 3% on soybeans.

- Date: 2017-12-05 · published 2017-12-05T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/67468-canola-council-encouraged-by-efforts-to-advance-trade-relations-with-china
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Lower Chinese tariffs and approval of canola traits would expand Canadian canola export access, supporting demand for canola meal used in feed. Until those changes happen, the higher tariffs keep export competitiveness limited.

## Read by commodity

- CANMEAL: bullish ▲

## Sources

- dairyproducer.com: https://dairyproducer.com/canadas-canola-council-encouraged-efforts-advance-trade-relations-china/
- agrimarketing.com: https://www.agrimarketing.com/s/113979
- canolacouncil.org: https://www.canolacouncil.org/news/canola-council-encouraged-by-efforts-to-advance-trade-relations-with-china/

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