Canada and China Strike Initial Trade Deal Slashing EV and Canola Tariffs | Canada China Trade

Canada and China have reached an initial trade agreement that will significantly reduce tariffs on electric vehicles and canola, Prime Minister Mark Carney announced following talks in Beijing. The deal marks a major reset in bilateral ties after years of strained relations and reverses steep tariffs imposed in 2024. Both nations pledged to dismantle trade barriers and pursue deeper economic cooperation.

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