China announced a 75.8 per cent preliminary tariff on Canadian canola on Tuesday, following an anti-dumping investigation launched last year in response to Canada's tax on Chinese electric vehicles.

China's Ministry of Commerce published the details of the plan on Tuesday, claiming the "dumping" of Canadian canola into the Chinese market is hurting its domestic canola oil market.

The Canola Council of Canada says "anti-dumping investigations are initiated when a country suspects a product is being imported at a lower price than it is sold for in the domestic country in which it is produced.

"The CCC believes strongly that Canada’s canola trade with China is aligned with international rules-based trade," says a statement on the organization's website, posted before China's announcement.

See Full Page