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Canada’s trade gamble: Why the latest deal with China may do more harm than good
Canada agreed to limit Chinese electric vehicle imports to 49,000 units annually at a 6.1% tariff, while China cut canola seed tariffs from 84% to 15%, easing agricultural trade tensions.
- In Beijing last week, Canadian and Chinese leaders reached a limited trade agreement to lower tariffs on EVs and canola, rebuilding ties after years of strained relations.
- Facing U.S. President Donald Trump's high tariffs, Canada pursued a reset to rebuild ties after strained relations, Foreign Minister Anita Anand said.
- Regional trade data show Taiwan accounted for $6 billion in merchandise trade and $1.9 billion in services with Canada in 2024, as Ho-jen Tseng criticised reliance on China as unachievable.
- The Beijing visit prompted immediate domestic debate as Carney's cabinet suggested the Indo‑Pacific Strategy is not set in stone and some critics questioned the trip's political aims.
- Former deputy foreign minister for Taiwan says a full free-trade deal is unachievable as China’s market restrictions and state-owned enterprises drive purchases politically.
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21 Articles
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Canada EV deal with China increases possibility of local investment: expert
Canada's deal with China on electric vehicles comes with no guarantees of domestic investment, but at least one expert says it increases the possibility as Chinese manufactures ramp up spending abroad.
·Kelowna, Canada
Read Full ArticleOntario premier 'disappointed' about Chinese EV deal that gives relief to Sask. canola growers
OTTAWA — Ontario Premier Doug Ford continued this week to blast Canada's recent trade agreement with China, noting that he and Canadian automakers only learned of the deal a few hours before it was announced.
·Saskatoon, Canada
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Total News Sources21
Leaning Left4Leaning Right3Center3Last UpdatedBias Distribution40% Left
Bias Distribution
- 40% of the sources lean Left
40% Left
L 40%
C 30%
R 30%
Factuality
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