# Fewer restrictions on China trade could mean extra $1B in canola trade: industry group

> Industry group estimates that fewer Chinese trade restrictions on canola could add about $1 billion in Canadian canola trade. The Canola Council is pressing for lower tariffs and approval of new seed traits. The article covers the Trudeau-Li Leaders' Dialogue outcomes.

- Date: 2017-12-05 · published 2017-12-05T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/67472-fewer-restrictions-on-china-trade-could-mean-extra-1b-in-canola-trade-industry
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Reduced Chinese tariffs on canola meal and seed would improve Canadian export competitiveness and support canola meal prices. The projected $1 billion value shows the scale of potential demand if barriers fall.

## Read by commodity

- CANMEAL: bullish ▲

## Sources

- ctvnews.ca: https://www.ctvnews.ca/saskatoon/article/fewer-restrictions-on-china-trade-could-mean-extra-1b-in-canola-trade-industry-group/

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