Trade
China Halts Canada Canola Meal Tariffs, Adding to Trade Thaw
China said it would drop tariffs on Canadian rapeseed meal and lobsters, easing disruptions to agricultural trade after Prime Minister Mark Carney’s January visit.
The halt — which also applies to peas and crabs — will take effect from March 1 to Dec. 31, the government said Friday. It comes after Canada pledged to significantly cut import duties on 49,000 Chinese electric vehicles, helping to repair a trade rift that has tested relations between the nations.