{"id":44260,"date":"2019-03-06T15:04:53","date_gmt":"2019-03-06T20:04:53","guid":{"rendered":"https:\/\/olduvai.ca\/?p=44260"},"modified":"2019-03-06T16:47:13","modified_gmt":"2019-03-06T21:47:13","slug":"trade-war-deepens-china-bans-canadian-canola-shipments-amid-soaring-diplomatic-tensions","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=44260","title":{"rendered":"Trade War Deepens: China Bans Canadian Canola Shipments Amid Soaring Diplomatic Tensions"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><a href=\"https:\/\/www.zerohedge.com\/news\/2019-03-06\/trade-war-deepens-china-bans-canadian-canola-shipments-amid-soaring-diplomatic\">Trade War Deepens: China Bans Canadian Canola Shipments Amid Soaring Diplomatic Tensions<\/a><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Canada&#8217;s largest&nbsp;grain processor said Tuesday that&nbsp;<strong>Beijing has canceled its registration to ship canola seed to China, fueled by the arrest of a top executive for the Chinese tech giant Huawei,<\/strong>&nbsp;The Wall Street Journal&nbsp;<a href=\"https:\/\/www.wsj.com\/articles\/china-restricts-canadian-grain-processor-amid-diplomatic-tensions-11551822608?ns=prod\/accounts-wsj\">reported<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The move suggests that rising diplomatic tensions between China and Canada are damaging commerce between the two countries. Tensions have already crushed hopes that&nbsp;senior officials in Ottawa and Beijing would develop further trade ties.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/zh-prod-1cc738ca-7d3b-4a72-b792-20bd8d8fa069.storage.googleapis.com\/s3fs-public\/inline-images\/canola%20field.jpg\" alt=\"\"\/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.zerohedge.com\/s3\/files\/styles\/inline_image_mobile\/public\/inline-images\/canola%20field.jpg?itok=r79oQl6x\"><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The import ban against Richardson International Ltd. is due to a series of Chinese non-compliance notices declaring&nbsp;some shipments of canola seed from Canada&nbsp;were contaminated&nbsp;with &#8220;hazardous&nbsp;pests.&#8221; Canadian officials disputed that claim.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>&#8220;I am very concerned by what we&#8217;ve heard has happened to Richardson. We do not believe there&#8217;s any scientific basis for this,&#8221; Canadian Foreign Affairs Minister Chrystia Freeland said in Montreal.<\/p><p><strong>&#8220;We are working very, very hard with the Chinese government on this issue.&#8221;<\/strong><\/p><\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">Revoking the import license comes as&nbsp;Canada is advancing an extradition hearing for Huawei CFO Meng Wanzhou.&nbsp;She&nbsp;was arrested in early December by the Canadain government at the&nbsp;request of the Trump administration, where she&nbsp;was wanted&nbsp;on fraud charges.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Canola Council of Canada, located in&nbsp;Winnipeg, told the Journal that&nbsp;Richardson is a major player in the&nbsp;country\u2019s canola seed to China.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Derek Brewin, a professor of agriculture economics at the University of Manitoba, said the Canadian agricultural and food manufacturing company easily controls 20%&nbsp;of total Canadian export capacity for grains and oilseeds.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The canola council said 40% of the industry\u2019s exports end up in China.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Canada\u2019s agriculture department said the country\u2019s top agricultural export to China is&nbsp;canola seed,&nbsp;with sales valued at&nbsp;$2.05 billion per annum.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/zh-prod-1cc738ca-7d3b-4a72-b792-20bd8d8fa069.storage.googleapis.com\/s3fs-public\/inline-images\/2019-03-06_10-36-47.png\" alt=\"\"\/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;\u2026click on the above link to read the rest of the article\u2026<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trade War Deepens: China Bans Canadian Canola Shipments Amid Soaring Diplomatic Tensions Canada&#8217;s largest&nbsp;grain processor said Tuesday that&nbsp;Beijing has canceled its registration to ship canola seed to China, fueled by the arrest of a top executive for the Chinese tech giant Huawei,&nbsp;The Wall Street Journal&nbsp;reported. The move suggests that rising diplomatic tensions between China and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[5],"tags":[2045,103,24562,23375,604,861],"class_list":["post-44260","post","type-post","status-publish","format-standard","hentry","category-geopolitics","tag-beijing","tag-canada","tag-canola","tag-huawei","tag-ottawa","tag-wall-street-journal"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/44260","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=44260"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/44260\/revisions"}],"predecessor-version":[{"id":44261,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/44260\/revisions\/44261"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=44260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=44260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=44260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}