Canada, China, Talking Trade

Canada and China are seeking a stronger trade relationship. The two countries have agreed to increase collaboration on agriculture, including expanding market access. The move is key to a trade target by Canada to grow global agriculture and food exports to $75 billion by 2025, according to Canadian Minister of Agriculture Lawrence MacAulay. Officials from Canada, including MacAulay, are in China this week for a mission to showcase Canada’s agricultural products. Canada is meeting with Chinese companies and participating in discussions on cooperation between the two countries and to advocate for expanded market access for Canadian pork, beef and canola. MacAulay says the Chinese market offers “significant opportunities for Canadian agricultural producers and processors.” The trip comes as U.S. agriculture is facing a glut of tariffs from China stemming from a trade dispute if President Trump cannot strike a deal to keep China from implementing the tariffs.