China suspends some canola, seafood tariffs on Canada after Carney visit

China’s government says it will suspend some tariffs on Canadian agricultural goods following a recent visit by Prime Minister Mark Carney.

The country’s finance ministry says 100% tariffs on canola meal and peas, and a 25% levy on lobsters and crabs, will not be imposed.

A statement says the announcement, which made no mention of canola seed tariffs, will take effect March 1 and continue through to the end of 2026.

The announcement comes after Carney met earlier this year with Chinese President Xi Jinping in a visit that saw the leaders ink a deal on electric vehicles and canola.

The pair agreed Canada would import up to 49,000 Chinese electric vehicles each year at a tariff rate of 6.1% in exchange for lower duties on canola seed.

Carney’s office did not immediately respond to a request for comment.

Aaron Sousa, The Canadian Press

Aaron Sousa is a reporter with The Canadian Press, a national news agency headquartered in Toronto and founded in 1917.