BREAKINGVIEWS-Canada’s trade war reset will be a gentle one
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Canada is aiming to reduce its reliance on the US by doubling exports to other countries and improving relations with China. A recent trade deal, struck on January 16, will lower tariffs on electric vehicles and canola between Canada and China. Prime Minister Mark Carney's visit to Beijing marks a significant step in rebuilding ties with China, allowing the import of 49,000 Chinese electric vehicles at a 6.1% tariff, while China is expected to reduce tariffs on Canadian canola seed significantly by March 1.
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Source: Reuters The copyright of this article belongs to the original author/organization.
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