Canada PM Mark Carney to visit China for trade talks next week

Prime Minister Mark Carney will visit China next week for trade talks; the visit follows reciprocal tariffs between Canada and China on electric vehicles, steel and several agricultural products.

Prime Minister Mark Carney will visit China next week for trade talks. Canada imposed tariffs in October 2024, including a 100% tariff on Chinese electric vehicles and 25% on steel and aluminium. China retaliated in March of last year with high tariffs on several Canadian agricultural products, including levies on canola seed, canola oil, meal and peas. Officials said the measures have hurt farmers in western Canada and noted that Carney met President Xi in October as relations were described as reaching a turning point. Key facts: - Mark Carney is scheduled to visit China next week for bilateral trade talks. - Canada introduced tariffs in October 2024 on Chinese electric vehicles and on steel and aluminium. - China imposed retaliatory tariffs in March of last year on several Canadian agricultural products, notably canola-related goods. Summary: The reciprocal tariffs have affected Canadian exporters and farmers and are a central issue for the upcoming talks. Carney's visit is set for next week, and a formal review of the long-standing trade agreement between Canada, the US and Mexico is underway and scheduled to be completed later this year.