Canada’s Prime Minister Mark Carney and Chinese language President Xi Jinping attend a bilateral assembly, throughout the first go to by a Canadian prime minister to China since 2017, on the Nice Corridor of the Individuals, in Beijing, China, on January 16, 2026
| Picture Credit score: Reuters
Canada’s Prime Minister Mark Carney introduced a deal with China’s Xi Jinping on Friday (January 16, 2026) to reduce tariffs on every nation’s merchandise after the 2 leaders met in Beijing.
“Canada and China have reached a preliminary however landmark commerce settlement to take away commerce boundaries and reduce, reduce tariffs,” Carney informed a information convention within the Chinese language capital.
“By March the primary, Canada expects that China will decrease tariffs on Canadian canola seed. The mixed fee of roughly 15 p.c… this transformation represents a major drop from the present mixed tariff ranges of 84%.”
Canada and China forge new strategic partnership
Earlier, Mr. Carney informed Chinese language President Xi Jinping that Canada and China are forging a new strategic partnership that stands to yield “historic” positive factors by leveraging on the strengths of every.
The primary Canadian Prime Minister to go to China since 2017, Mr. Carney was on a mission to rebuild ties with Canada’s second-largest buying and selling associate after the USA, following months of diplomatic efforts to resolve earlier stress.
“It’s essential to begin this new strategic partnership at a time of division,” Mr. Carney informed Mr. Xi, calling for give attention to areas that may carry “historic positive factors” for each, resembling agriculture, agri-food, vitality, and finance.
“That is the place I consider we are able to make quick and sustained progress,” he added.
Canada is wanting to strengthen ties with the world’s second-biggest financial system after U.S. President Donald Trump imposed tariffs on a few of its items and steered the longtime U.S. ally may change into the nation’s 51st state.
China, equally hit by Mr. Trump’s tariffs since he returned to the White Home final 12 months, can also be eager to cooperate with a Group of Seven nation in a conventional sphere of U.S. affect.
China to permit visa-free entry for Canadian guests: Carney
China will permit Canadian guests to enter the nation visa-free, Mr. Carney mentioned after talks with Mr. Jinping in Beijing, as the 2 nations purpose to thaw frosty relations.
“I’m very happy to share that President Xi in our assembly right now has dedicated to making certain visa-free entry for Canadians travelling to China,” Mr. Carney mentioned at a press convention within the Chinese language capital.
Canada to import 49,000 Chinese language EVs at preferential tariff charges: Carney
Canada will permit 49,000 Chinese language electrical automobiles to be imported underneath new, preferential tariff charges, Mr. Carney mentioned after reaching a commerce deal with Mr. Jinping in Beijing.
“Canada has agreed to permit up to 49,000 Chinese language electrical automobiles into the Canadian market, with probably the most favoured nation tariff fee of 6.1%,” he informed reporters.
“This can be a return to the degrees that existed prior to latest commerce frictions.”
Revealed – January 16, 2026 09:46 am IST
