Canada strikes tariff deal with China
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Canada's Mark Carney meets China's Xi Jinping in Beijing
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BEIJING, Jan 16 (Reuters) - Canada and China struck an initial trade deal on Friday that will slash tariffs on electric vehicles and canola, as both nations promised to tear down trade barriers while forging new strategic ties during Prime Minister Mark Carney's visit.
Canadian Prime Minister Mark Carney hailed a new “strategic partnership” with China during a meeting with leader Xi Jinping Friday, as the US ally took steps to reset ties with Beijing in the face of historic friction with Donald Trump.
Canada's Prime Minister Mark Carney said China has become a more predictable partner to deal with than the U.S., the country's neighbor and longtime ally.
Ontario Premier Doug Ford isn’t mincing words about Canada’s new electric vehicle deal with China, saying Chinese manufacturers are gaining a foothold in the country’s auto market at the expense of Canadian workers.