Core Viewpoint - Canada's agricultural exports are facing significant challenges due to a combination of factors, including a backlog of canola oil inventory, a sharp decline in pork exports, and disruptions in pea trade, primarily caused by retaliatory tariffs from China [1][4][5]. Group 1: Impact of Tariffs - In March, China imposed a 100% tariff on Canadian peas, which previously accounted for 80% of Canada's exports to China, leading to a backlog of goods worth hundreds of millions of Canadian dollars [4]. - The Canadian agricultural GDP is projected to shrink by 12% due to these tariffs, affecting transportation, storage, and processing sectors [4]. Group 2: Diplomatic Missteps - Canada's dual approach of aligning with the U.S. on high-tech export controls while hoping to maintain agricultural trade privileges with China has proven unsustainable amid escalating U.S.-China tensions [7]. - Despite Canada's challenges, the U.S. continues to exert pressure in traditional trade areas, resulting in a 5.7% decline in Canadian export profits to the U.S. [7]. Group 3: Response Measures - In late September, Canada announced a shift in diplomatic strategy with plans for the foreign minister to visit China, but analysts view this as lacking substantive measures [8][10]. - Canada has not yet lifted punitive tariffs on Chinese electric vehicles or eased restrictions on Chinese investments in key mining sectors [10]. Group 4: Market Dynamics - In contrast to Canada's agricultural struggles, products from Russia and Kazakhstan are increasingly entering the Chinese market, with Canada's share of pea imports dropping from 65% to 18% [13]. - This shift highlights the reconfiguration of global supply chains and the increasing substitutability of non-essential imports [15]. Group 5: Future Considerations - For Canada to restore trade relations, it must address key areas such as establishing a product quality traceability system and negotiating trade disputes within the WTO framework [21][23]. - The situation serves as a reminder that politicizing economic issues can ultimately harm national interests, emphasizing the need for Canada to choose between being a strategic subordinate or pursuing pragmatic cooperation [27].
中方一单不买,反倒加税100%!加拿大高官筹划访华,要当面求放过
Sou Hu Cai Jing·2025-09-29 08:39