Agri-food and trade are foundations of the longstanding relationship between Canada and China – and China continues to be our second-largest export market. To renew and strengthen that relationship, Prime Minister Carney and President Xi secured a preliminary agreement-in-principle with landmark measures to remove trade barriers and reduce tariffs:

9 hours ago - But with all eyes on how the leaders might frame the deal, Vina Nadjibulla, vice-president of the Asia Pacific Foundation of Canada, said the joint statement was the biggest surprise of the summit. Trump is making China – not America – great again, global survey suggests ... “It is perhaps the most significant achievement, outlining this new strategic partnership between China and Canada,” she said. “And it’s a bold move by Carney to position Canada in this new and evolving geopolitical order, with the hopes of charting a path that leads to more strategic autonomy and agency.

16 hours ago - BEIJING, Jan 16 (Reuters) - Canada and China struck an initial trade deal on Friday that will slash tariffs on electric vehicles and canola, as both nations promised to tear down trade barriers while forging new strategic ties during Prime Minister ...

1 day ago - China is expected to lower levies on Canadian canola oil from 85% to 15% by 1 March, while Ottawa has agreed to tax Chinese electric vehicles at the most-favoured-nation rate, 6.1%, Carney told reporters.

8 hours ago - Prime Minister Mark Carney says he has reached a "preliminary but landmark" deal with China to import 49,000 Chinese electric vehicles in exchange for lower canola duties. Canadian canola meal, lobsters, crabs and peas would no longer be subject ...

13 hours ago - Prime Minister Mark Carney described it as a "preliminary but landmark" agreement to remove trade barriers and reduce tariffs, part of a broader strategic partnership with China.

17 hours ago - The Liberal government has reached a deal with Beijing to slash tariffs on a set number of Chinese electric vehicles in exchange for China dropping duties on agriculture products, Prime Minister Mark Carney said Friday.

7 hours ago - Carney announced on Friday that Canada and China had reached a preliminary trade deal aimed at reducing tariffs, including a commitment to import 49,000 electric vehicles from China at preferential tariff rates.

13 hours ago - Prime Minister Mark Carney, who announced a deal Friday with China on a range of sectors, including canola and a tariff-quota arrangement on electric vehicles, took questions on the terms of the deal, what it means for Canada — and the ...

11 hours ago - “Let China come in.” · Carney ... trade agreement, aimed at ending a tariff war. The deal centres on a trade-off between agriculture and electric vehicles....

14 hours ago - AP correspondent Charles de Ledesma reports Canada strikes a major tariff deal with China. Trump commended Carney for making a deal with Beijing.

18 hours ago - By opening Canada’s door to Chinese EVs in exchange for lower Chinese tariffs on canola, peas and seafood, Carney has signalled that there is no more pussyfooting around Washington. A new age of “strategic realism” has arrived. Make no mistake. This deal is a lifeline for Canadian farmers and seafood producers.

11 hours ago - Carney is betting that he has more room to manoeuvre – both between the world’s two superpowers and between various constituencies at home – than widely appreciated, and that it’s worth risking crashing out of the USMCA to diversify Canadian trade and blaze a new path for the Canadian auto industry. So far, the deal seems to have landed lightly in Washington.

12 hours ago - Prime Minister Mark Carney has agreed to cuts on Chinese EVs. In exchange, China will cut tariffs on a range of Canadian agricultural goods. Conservatives say the deal gives up Canadian security - but the deal has an unexpected fan in D.C.

1 hour ago - The Canada-China deal Friday “will make the talks more complicated. Trump will not be pleased with the Canadian action, will probably take some retaliatory measure, probably against the Canadian auto industry, and will certainly make it an issue in the USMCA talks,’’ said William Reinsch, a former U.S. trade official now with the Center for Strategic and International Studies. On Friday anyway, Trump commended Carney: “If you can get a deal with China, you should do that.″ And Carney noted Friday that the China deal is preliminary, potentially giving him flexibility to seek changes if necessary to head off a conflict the U.S.