Canada & China Strike Historic Trade Deal Tariffs Slashed on EVs & Canola
Автор: Stateside Stream
Загружено: 2026-01-17
Просмотров: 282
Описание:
Canada and China just struck a historic trade deal on January 16, 2026! Prime Minister Mark Carney met President Xi Jinping in Beijing, slashing tariffs on Chinese electric vehicles (EVs) from 100% to just 6.1% with an initial quota of 49,000 units — and in return, China is cutting punishing duties on Canadian canola from ~85% to 15% by March 1, unlocking nearly $3 billion in export relief for farmers.
This landmark "EV-for-canola" pact ends years of trade friction, boosts affordable EVs for Canadians, revives Prairie agriculture, sparks debates over auto jobs (Doug Ford calls it "lopsided"), and signals Canada's bold diversification from U.S. reliance amid global tensions. Even President Trump gave a surprising nod!
Dive into the full breakdown: wins for clean energy, agriculture relief, potential joint ventures, green tech cooperation, and shifting alliances in a volatile world.
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Timestamps:
0:00 - Intro & Historic Announcement
1:30 - Tariff Details on EVs & Canola
3:45 - Farmer & Auto Industry Reactions
5:20 - Trump's Surprising Support
6:50 - Global Trade Realignment
#CanadaChinaTrade #EVTariffs #CanolaDeal #MarkCarney #ChinaEVs #GlobalTrade #TradeDeal2026 #USChinaTradeWar #ElectricVehicles #AlJazeera #WorldBusinessNews #BeijingTalks #CanadaChinaRelations #InternationalTrade
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