China Initiates Anti-Dumping Probe on Canadian Rapeseed Imports Amid Trade Tensions

China has launched a year-long anti-dumping investigation on Canadian rapeseed imports as a reaction to Canada's tariffs on Chinese goods. The probe, set to examine imports from 2021 to 2023, may extend until 2025. Canadian rapeseed constitutes a significant portion of China's oilseed imports.

China announced on Monday the initiation of a one-year anti-dumping investigation into Canadian rapeseed imports. This move is largely perceived as retaliation against Ottawa's tariffs on Chinese electric vehicles and other products.

The investigation will cover imports from Jan. 1 to Dec. 31, 2023, and initial data suggests that dumping occurred, causing harm to the domestic industry, the commerce ministry stated.

In 2023, China, the world's largest oilseed importer, purchased 5.5 million metric tons of canola, predominantly from Canada. The ministry argues that Canada's measures violate WTO rules, unlike China's investigation.

Canada plans higher tariffs on Chinese goods, spiking domestic rapeseed oil futures prices following Beijing's announcement. The probe, effective immediately, will review industrial damage from 2021 to 2023 imports and may extend beyond Sept. 9, 2025.

(With inputs from agencies.)