#BBC: #China and #Canada announce tariffs relief after a high-stakes meeting between #Carney and #Xi

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Two officials shaking hands at a table, with flags of Canada and China visible. A graphic overlay displays 'United Pro Canada' and mentions investment in critical minerals, energy, and electric vehicles. A model car is also in the foreground.

Economic ties with China are becoming increasingly significant for Carney. Upon arriving in Beijing on Wednesday, he engaged with senior executives from leading Chinese companies, including an electric vehicle battery manufacturer and an energy corporation.

In the deal struck on Friday, Canada will allow only 49,000 Chinese electric vehicles into the Canadian market at the 6.1% tariff rate.

The deal could also see more Chinese investments in Canada.

Read more at: https://www.bbc.com/news/articles/cy59pvkqvl5o

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