US EditionCanada reaches tariff-quota deal with China on EVs, canola
Canada agreed to reduce tariffs on Chinese electric vehicles with an initial cap of 49,000 imports, while China will cut canola tariffs from about 85% to 15%, easing trade tensions.
- At their first bilateral summit in eight years in Beijing, Carney announced `Canada and China have reached a preliminary but landmark trade agreement to remove trade barriers and reduce tariffs`, Carney told a news conference at Ritan Park and meetings at the Great Hall of the People.
- Pressure from U.S. tariffs and a search for markets beyond the United States prompted Ottawa to seek a pivot, as Carney aimed to reduce reliance on the U.S., with the January 16, 2026, meeting signaling this shift.
- China's concessions include measurable tariff cuts and visa changes, such as cutting canola tariffs to around 15 percent by March 1 and granting visa-free entry for Canadian visitors, while Canada will import 49,000 Chinese electric vehicles under a preferential tariff of 6.1 percent.
- Economically, the pact addresses dependence on the United States by targeting diversification since the United States bought around 75 percent of Canadian goods in 2024, Carney said.
- Carney met Premier Li Qiang on Thursday and will also meet business leaders to link summit diplomacy to commercial engagement.
243 Articles
243 Articles
Nipissing-Timiskaming MP Pauline Rochefort happy with canola tariff relief from China
MP Pauline Rochefort is joining regional experts from the agriculture sector in Nipissing—Timiskaming in highlighting significant tariff relief by the People’s Republic of China on Canadian canola.
Carney Cozies Up to China – The American Spectator | USA News and Politics
Over the past few days, Canadian Prime Minister Mark Carney has been in China in an open attempt to pivot to China and spurn Canada’s relationship with the United States. In a jubilant press release on Friday, the prime minister’s office declared that Carney is “forg[ing] [a] new strategic partnership with the People’s Republic of China.” The government went on to repeatedly tout this “new strategic partnership,” framing the relationship as enti…
China, Canada move to ease trade tensions as tariffs are slashed
China and Canada have agreed to scale back tariffs following a closely watched meeting in Beijing between President Xi Jinping and Prime Minister Mark Carney, signalling a tentative reset in relations after several years of strain.
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