Tariffs threaten billions in exports, family farms at risk, Grain Growers of Canada says.
Canadian grain farmers are facing a trade crisis on two fronts, with escalating tariffs from both the United States and China threatening billions in exports and putting the future of family farms at exceptional risk, Grain Growers of Canada (GGC) says. The Chinese government’s decision to impose 100 percent tariffs on Canadian canola oil, canola meal, and peas comes as trade tensions with the U.S. continue to pressure Canada’s grain sector.
“With uncertainty mounting with the United States, our largest export market, the last thing grain farmers needed was a trade war with China, our second largest export market,” said Kyle Larkin, Executive Director of GGC. “Together, the U.S. and China account for over half of all Canadian grain exports — losing access or facing exorbitant tariffs in both markets at once is a threat farmers cannot afford to absorb.”
GGC echo the concerns raised by the Canadian Canola Growers Association (CCGA), Canola Council of Canada (CCC), and Pulse Canada that farmers are facing mounting pressure which could cause a net loss for many.
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