Prospect of U.S.-China trade deal creates access worries for Canadian farmers
OTTAWA — China’s move to stop buying several Canadian agricultural products has punished some farmers, and now industry leaders are worrying about the prospect of a broader threat — an eventual U.S.-China trade deal.
Canadian exports of beef, pork, canola and soybeans have largely been locked out of the massive Chinese market following the December arrest of Huawei executive Meng Wanzhou in Vancouver.
At the same time, a handful of Canadian crops have had stronger sales to China over the past year, such as Canadian wheat, thanks to trade-related tariffs imposed by the U.S.
Canadian Agri-food Trade Alliance president Brian Innes says Canada may see indirect benefits from the trade war in the short term — but he worries a deal down the road could have a negative impact on farm exports to China.