On Friday, Carney announced a deal that would allow 49,000 Chinese-manufactured electric vehicles (EVs) into Canada annually at a tariff rate of six per cent, down from the 100 per cent tariff announced by the previous Liberal government in lock-step with the previous U.S. administration. In exchange, China has agreed to reduce tariffs on some Canadian canola products, excluding canola oil, and certain seafood products from between 25 and 85 per cent to either zero or 15 per cent.
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