None
EN
Canada-China Announce a New Strategic Partnership
['Pacific Northwest Ag Network']
News Talk KIT 1280 – The Source – Yakima News Radio
Canadian Prime Minister Mark Carney said the preliminary deal with China is structured to remove trade barriers and to reduce tariffs.
Under the goods portion of the deal, China is expected to lower tariffs on Canadian canola seed and meal from 84% to an average 15% tariff by March 1st.
"Starting from March 1st, we fully expect canola tariffs to drop from 85% to approximately 15%.
U.S. Trade Representative Jamieson Greer’s reaction to the Canada-China deal was only to say that such low numbers of Chinese vehicles would not adversely impact American companies’ exports to Canada.
"I mean, it’s a good thing for him to sign a trade deal.