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Canada-China trade reset cuts EV and canola tariffs
short by / on Friday, 16 January, 2026
Canada and China have agreed to cut tariffs on electric vehicles(EV) and canola, Prime Minister Mark Carney said Friday, marking a major trade reset after years of strained relations. The move aims to revive bilateral trade, ease inflation pressures, support farmers, and accelerate clean-energy adoption amid global economic uncertainty.
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