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Canada, China Agree to Extend Tariff Relief on Agricultural Products Through End-2028

From:Internet Info Agency 2026-11-05 11:35:00

On November 4, Canada's Minister of International Trade Maninder Sidhu said that Canada and China reached an agreement at a meeting held in Beijing to extend the reduced tariff arrangements for Chinese agricultural products until the end of 2028. The meeting was co-chaired by Chinese Minister of Commerce Wang Wentao and Maninder Sidhu. Under the agreement, Canadian canola meal, peas, lobster and crab exports to China will continue to enjoy lower tariffs for another two years. Canada will extend partial relief measures for Chinese steel and aluminum products not produced domestically until the end of 2028. The original related arrangements were reached during Canadian Prime Minister Mark Carney's visit to China in January 2026. During Carney's visit to China in January 2026, China restored market access for Canadian beef, and Canada agreed to import Chinese electric vehicles at preferential tariffs within quotas. The Canadian government said in a press release that Canada will continue consultations with China to implement the government's goal of achieving a 50% increase in Canadian exports to China. Carney's office said Carney will travel to Shenzhen, China, to attend the Asia-Pacific Economic Cooperation (APEC) meeting scheduled for November 18-19, and will also visit Ireland, the Philippines and Cambodia during the trip. Earlier in 2026, the Carney government pledged to work with Alberta to support the construction of a new oil pipeline to the West Coast to supply oil to Asian markets.

Editor:NewsAssistant