Mark Carney and Xi Jinping Ink Landmark Canada-China Trade Agreement

Mark Carney and Xi Jinping signed a major trade deal in Beijing to reduce tariffs on agricultural goods and electric vehicles starting March 1.Canada will slash duties on Chinese cars to 6.1 percent and limit imports to 49,000 units while China lowers canola oil tariffs to 15 percent.The agreement marks a strategic shift away from the USA after Mark Carney described China as a more predictable partner than the Trump administration.