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Peter Morgan
Carney stated, "These have been historic and useful two days. We need to understand the differences between Canada and other countries and focus on addressing the areas where we share similar positions."
In 2024, under Prime Minister Justin Trudeau, Ottawa introduced 100% tariffs on electric vehicles from China. As a response, Beijing imposed 100% tariffs on canola and 25% tariffs on pork and seafood.
On January 16, Carney announced that Canadian authorities would allow the import of Chinese electric vehicles, but with limits of 49,000 vehicles per year, which would increase to 70,000 vehicles per year later. He also mentioned that China could begin investing in the Canadian automotive industry within three years. In return, China will reduce tariffs on Canadian canola.
During a meeting with Chinese President Xi Jinping, Carney emphasized that enhancing relations between Ottawa and Beijing could support improvements in the global governance system, which he described as being under "intense pressure." He also acknowledged that Canada and China have different political systems and have not yet reached agreement on several issues.
The AP reports that this is the first visit by a Canadian prime minister to China in eight years. Before the trip, Carney spoke of an "era of global trade disruption" and expressed a desire to reorient the Canadian economy to become more independent from the United States.
source: apnews.com
In 2024, under Prime Minister Justin Trudeau, Ottawa introduced 100% tariffs on electric vehicles from China. As a response, Beijing imposed 100% tariffs on canola and 25% tariffs on pork and seafood.
On January 16, Carney announced that Canadian authorities would allow the import of Chinese electric vehicles, but with limits of 49,000 vehicles per year, which would increase to 70,000 vehicles per year later. He also mentioned that China could begin investing in the Canadian automotive industry within three years. In return, China will reduce tariffs on Canadian canola.
During a meeting with Chinese President Xi Jinping, Carney emphasized that enhancing relations between Ottawa and Beijing could support improvements in the global governance system, which he described as being under "intense pressure." He also acknowledged that Canada and China have different political systems and have not yet reached agreement on several issues.
The AP reports that this is the first visit by a Canadian prime minister to China in eight years. Before the trip, Carney spoke of an "era of global trade disruption" and expressed a desire to reorient the Canadian economy to become more independent from the United States.
source: apnews.com
