Canada and China agree tariff cuts for Chinese EVs and Canadian canola
In Beijing, Prime Minister Mark Carney announced a tariff-reduction deal that will, as of March 1, allow the import of 49,000 Chinese electric vehicles into Canada at a 6.1 percent tariff, down from 100 percent. In exchange, China will remove its 100 percent tariffs on Canadian canola meal and cut the tariff on canola seed from 85 percent to 15 percent, and Mr.
Carney said China would allow Canadian tourists to travel there without a visa. Mr. Carney made the announcement at a Beijing park after meetings with Chinese industry and top officials, including a Friday meeting with China’s top leader, Xi Jinping. The Canadian delegation included senior cabinet ministers such as Mélanie Joly and Tim Hodgson and numerous advisers; the Times reporter said members of the delegation were seen doing dawn workouts at the hotel gym and that Ms.
Joly celebrated her 47th birthday. At the White House, Mr. Trump was quoted as saying, "That's OK, that's what he should be doing," when asked about the Beijing agreement. Mr.
Key Topics
World, Mark Carney, China, Canada, Electric Vehicles, Canola