Canadian Prime Minister says China will reduce the tariff on canola to 15%

Canadian Prime Minister Carney: Expected to reduce Canadian canola tariffs before March

AFP, Beijing, 16th. After talks in Beijing, Canadian Prime Minister Carney announced today that an agreement has been reached to mutually reduce tariffs on goods. Canada will allow up to 49,000 Chinese electric vehicles into the market, and it is expected that China will reduce the tariff on Canadian canola before March 1st.

Carney said at a press conference held in the capital of China: "Canada and China have reached a preliminary but landmark trade agreement that will remove trade barriers and reduce and lower tariffs."

"Canada expects that China will reduce the tariff on Canadian canola to about 15% comprehensive tax rate before March 1st... This change means a significant reduction from the current comprehensive tariff level of about 84%."

Original: toutiao.com/article/1854477668360267/

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