Canada, China reach preliminary deal to ease trade barriers
EV access expanded as canola tariffs set to fall by March
16 January 2026
1 minute read
By: Canada and China have reached a preliminary, but landmark, trade arrangement to remove trade barriers and reduce tariffs, Reuters reported, citing Canadian Prime Minister Mark Carney on Friday.
Canada will allow up to 49,000 Chinese electric vehicles into the Canadian market, with the most-favoured-nation tariff rate of 6.1%, Carney told reporters.
By March 1, Canada expects that China will lower tariffs on Canadian canola seed to a combined rate of approximately 15%, he also said.
