Carney reaches ‘landmark’ tariff-quota deal with China on EVs, canola - BNN Bloomberg
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Article Excerpt
BEIJING -- Canada has reached a deal with Beijing on Friday to slash tariffs on a set number of Chinese electric vehicles in exchange for China dropping duties on agriculture products, Prime Minister Mark Carney said as he concluded a highly-anticipated trip to China.
The deal marks a de-escalation in tensions with a country the Liberal government had, in recent years, branded as a disruptive power, and is getting mixed reactions in Canada.
Ontario Premier Doug Ford and some auto industry groups are slamming the plan as a threat to the country’s auto industry, but Saskatchewan Premier Scott …
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