Canada’s leader leaves China pronouncing success
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China and Canada cut tariffs
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Carney says Canada's relationship with China has become "more predictable" than that with the US, as his country searches for trade certainty.
Mark Carney's new deal with China — to lower tariffs on EVs, canola and other products — sparked fears that the U.S. would lash out at Canada. But President Donald Trump said the deal is a "good thing.
China responded by imposing duties of 100% on Canadian canola oil and meal and 25% on pork and seafood. It added a 75.8% tariff on canola seeds last August. Collectively, the import taxes effectively closed the Chinese market to Canadian canola exports, an industry group said.
Prime Minister Mark Carney, speaking in Beijing on Friday after reaching an initial deal with China across several sectors, said Canada stands up for human rights and democracy but added that Canada engages in what he called 'value-based realism' and takes the 'world as it is, not as we wish it to be.'