China has now stopped buying any Canadian canola — and that’s 40% of our market

Canola seed exporters report Chinese companies — one of their major markets — have stopped buying their product, according to an industry group.

Canola seed exporters have told the Canola Council of Canada that Chinese importers are currently unwilling to purchase their product, the group said in a statement released Thursday. Companies that are members of the council include Viterra Inc., Louis Dreyfus Company, Cargill Ltd. and Parrish & Heimbecker Ltd.

At the time, some suggested the move was retaliation for Canada’s arrest of a top Chinese tech executive. In December, Canadian authorities arrested Huawei Technologies Co. Inc. senior executive Meng Wanzhou in Vancouver at the behest of the United States. Canada exports about 40 per cent of its canola seed, oil and meal to China with canola seed exports to the country being worth $2.7 billion in 2018, according to the council.

TRADE WAR! TRADE WAR! TRADE WAR!

Best foreign policy team in Canadian history. Canada is just so lucky.

Canada's 4-year sentence for being duped on election day is in its final 7 months.

Retaliation against Freeland Co. Trudeau is a major FUp

Western countries need to unify against China

Well Trudeau got involved and killed that cash cow.

ایران آخرین اخبار, ایران سرفصلها

Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.

U.S. business groups encouraged by prospect of U.S.-China dealThe U.S. has imposed tariffs on $250-billion worth of Chinese goods in an effort to force changes to a range of China’s economic policies. China has retaliated by slapping duties on most U.S. imports
منبع: globeandmail - 🏆 5. / 92 ادامه مطلب »