China and Canada have taken concrete steps to ease trade tensions following high-level discussions between President Xi Jinping and Prime Minister Mark Carney in Beijing, marking a cautious improvement in relations after years of strain.
As part of the understanding reached during the talks, China will significantly lower duties on Canadian canola oil, while Canada has agreed to reduce tariffs on Chinese electric vehicles to its most-favoured-nation rate. Officials on both sides said the measures are intended to restore predictability and confidence in bilateral trade.
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Prime Minister Carney described the engagement as constructive, saying the dialogue was conducted in a “realistic and respectful” manner. He noted that while cooperation was expanding, Canada would continue to uphold clearly defined limits in areas such as human rights and electoral integrity.
President Xi, in his remarks, welcomed the easing of tariffs as a positive shift, stressing that stable relations between the two countries would benefit global economic growth and international stability.
Analysts say the agreement reflects a broader effort by both countries to recalibrate trade relationships amid shifting global dynamics. Although the deal does not resolve all outstanding differences, observers view it as an important first step towards renewed cooperation in trade, energy and investment
