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Canola

All articles tagged with #canola

world1 month ago•2 min saved

Canada rules out China FTA as Trump threatens 100% tariffs

Canada’s Prime Minister Mark Carney says Ottawa has no plan to pursue a free-trade deal with China and will honor the USMCA/CUSMA framework, even as Trump threatens a 100% tariff on Canadian exports if Ottawa engages Beijing. Separately, Canada and China struck a preliminary pact to lower tariffs on select goods—allowing 49,000 Chinese EVs into Canada at 6.1% and cutting canola oil tariffs to 15%—with other exports exempt from Chinese anti-discrimination tariffs through 2026, a move Carney says aligns with CUSMA.

via CNBC|

#canada #canola #china

world1 month ago•4 min saved

Canada-China trade thaw cuts EV and canola tariffs to reboot ties

Canada and China launched a preliminary trade agreement to slash tariffs on Chinese electric vehicles to 6.1% for up to 49,000 units (rising to about 70,000 in five years) and cut canola tariffs to roughly 15% by March 1, with anti-discrimination duties on canola meal, lobsters, crabs and peas removed through year-end. The deal, announced during Prime Minister Mark Carney’s visit with Xi Jinping, aims to reopen high-level dialogue and expand cooperation in energy, agriculture and green tech, while Canada counts on LNG exports to Asia and potential visa-free travel for Canadians. Reactions were mixed, reflecting U.S.-China dynamics and domestic concerns in Canada about auto industry impacts.

via CNBC|

#canada-china #canola #electric-vehicles

world1 month ago•5 min saved

Canada strikes China EV tariff deal, charting a path away from the U.S.

Canada and China agreed to cut the 100% tariff on Chinese electric vehicles in exchange for lower Canadian farm tariffs, with an initial cap of 49,000 EVs per year (rising to about 70,000) over five years. China will reduce its tariff on canola seeds from 84% to ~15%. Prime Minister Mark Carney said the deal makes China a more predictable partner than the United States and signals Canada’s efforts to diversify trade and invest in its auto sector, amid broader efforts to reset ties with Beijing.

via CBS News|

#canada #canola #china

world1 month ago•4 min saved

Tariff truce signals a reset in China-Canada ties after Xi-Carney talks

China and Canada announced tariff relief after Xi Jinping and Mark Carney’s Beijing talks: China plans to cut tariffs on Canadian canola oil from 85% to 15% by March 1, while Canada will apply the MFN 6.1% tariff to Chinese electric vehicles, capped at 49,000 units; there will also be reduced duties on lobsters, crabs and peas, signaling a trade reset and a potential boost in Canadian-China investment as Canada diversifies from the US.

via BBC|

#canola #china-canada-relations #electric-vehicles

world1 month ago•6 min saved

Canada Opens Doors to Chinese EVs as China Eases Canola Tariffs

Prime Minister Mark Carney moves Canada toward greater Chinese EV imports, allowing up to 49,000 Chinese EVs at the MFN 6.1% tariff (rising to 70,000 by year five) and signaling a broader shift in Ottawa–Beijing trade ties, while China plans to cut Canadian canola tariffs to about 15% by March 1. The policy shift follows a period of tariffs and aims to diversify Canada’s trade away from the United States, though it faces domestic auto-industry concerns and potential U.S. blowback.

via Politico|

#canada #canola #china

world1 month ago•4 min saved

Carney's China visit tests Ottawa's bid to diversify trade while keeping US ties intact

Canada's prime minister Mark Carney travels to Beijing to reset ties and pursue non-US trade opportunities, with talks expected on energy, climate and agriculture while establishing guardrails on defence and critical minerals; the visit follows the Meng Wanzhou case and past Canadian detentions, and Canada seeks relief on canola tariffs to help farmers as it weighs US trade concerns while aiming to double non-US exports in a decade.

via BBC|

#canada #canola #carney

politics1 month ago•35 min saved

Carney in Beijing: Canola Trade Talks Meet EV Tariff Pressure

Prime Minister Mark Carney’s China visit centers on easing restrictions on Canadian rapeseed (canola) in exchange for Beijing loosening tariffs on Chinese-made electric vehicles, with talks also addressing cuts to other Chinese levies; Canadian officials expect progress but caution a quick EV-tariff breakthrough is unlikely as trade frictions persist and domestic opposition to concessions remains.

via Bloomberg.com|

#canola #carney #china

world4 months ago•1 min saved

Canada and China Engage in Diplomatic Talks on Trade and Relations

Canadian and Chinese officials discussed trade disputes over canola and electric vehicles in Beijing, emphasizing the need for ongoing dialogue to build trust and resolve issues, amid ongoing tariffs and anti-dumping duties.

via Reuters|

#canada #canola #china

scienceenvironment1 year ago•2 min saved

"Escaped GMO Canola Plants Show Long-Term Survival, Potential Loss of Pesticide Resistance"

A study led by Cynthia Sagers of Arizona State University found that genetically engineered canola plants can survive long-term outside farms but may be losing their herbicide resistance genes. The research, conducted in North Dakota, showed a decrease in feral canola populations and a rise in non-resistant plants, suggesting evolutionary pressure to shed transgenes. This challenges the assumption that transgenic crops won't intermix with wild populations and highlights the need for further research on the environmental impact of de-domesticated crops.

via Phys.org|

#agriculture #canola #evolution