China, Canada and Trump
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3hon MSN
Analysis: Canada’s leader leaves China pronouncing success, but Trump lurks in the background
Canadian leader Mark Carney met China’s Xi Jinping this week. The two statesmen talked. Fractured relationships began to heal.
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.'
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.
Canadian Prime Minister Mark Carney hailed a new “strategic partnership” with China during a meeting with leader Xi Jinping Friday, as the US ally took steps to reset ties with Beijing in the face of historic friction with Donald Trump.
A new trade deal that will allow a limited number of Chinese electric vehicles into Canada at a low tariff rate is unlikely to have a significant direct affect on Windsorites in the short-term, business experts told CBC.