China suspends some agricultural tariffs on Canada after Carney visit [View all]
Source: Reuters
BEIJING, Feb 27 (Reuters) - China said on Friday it would suspend some tariffs on Canadian agricultural products imposed during a trade spat between Beijing and Ottawa, after Canadian Prime Minister Mark Carney struck an initial deal with Beijing during a visit in January.
China will suspend 100% tariffs on Canadian canola meal and pea imports and will halt 25% tariffs on lobster and crab imports from March 1 through the end of 2026, the finance ministry said in a statement.
…
The suspensions come amid a wave of visits to Beijing by Western leaders as U.S. President Donald Trump's trade policies have strained Washington's traditional alliances. China has sought to present itself as a more stable and reliable economic partner in contrast.
Carney went further than his European counterparts by securing a deal with China and signalling Canada's ambition to play a leading role in a new global trade order aimed at reducing dependence on the United States.
Read more: https://www.reuters.com/world/asia-pacific/china-suspends-some-agricultural-tariffs-canada-after-carney-visit-2026-02-27/
= new reply since forum marked as read