BEIJING: China has announced the removal of heavy import tariffs on key Canadian agricultural products, signaling a major shift in bilateral trade relations. Effective March 1, 2026, Beijing will suspend several punitive duties following a preliminary agreement reached during Prime Minister Mark Carney’s high-profile visit to China in January.
Under the new arrangement, China has completely removed the 100% tariffs on Canadian canola meal and pulse crops (such as peas). Additionally, the 25% tariffs on seafood imports, including lobster and crab, have been suspended through the end of 2026. While an official decision on lowering canola seed tariffs is still pending, experts anticipate a resolution by March 9, with expectations that rates could drop from 84% to approximately 15%.
The reopening of the Chinese market provides massive relief to Canadian farmers, particularly in the Prairies and Atlantic regions, who have faced restricted market access for years. This strategic cooperation comes as Canada seeks to diversify its trade partners and protect its economic interests amid ongoing trade tensions with the United States. As part of the reciprocal deal, Canada has agreed to allow a quota of Chinese electric vehicles (EVs) into the country at a significantly lower tariff rate of 6.1%, moving away from the previous 100% levy.
