China pivots to Australian canola after slapping tariffs on Canada
China is turning to Australia to secure canola supplies, dealing a fresh blow to Canada’s $43.7-billion industry just days after Beijing imposed punishing tariffs on Canadian canola.
China is turning to Australia to secure canola supplies, dealing a fresh blow to Canada’s $43.7-billion industry just days after Beijing imposed punishing tariffs on Canadian canola.
Chinese state trader COFCO has reached out to Australian exporters about prices and terms for shipments starting this fall, according to people familiar with the discussions.