Canada and China extended tariff relief on farm and metal products through 2028
Canada and China extended a deal through the end of 2028, continuing Chinese tariff relief for Canadian peas, canola meal, lobster and crab and Canadian market access for Chinese steel and aluminum. International Trade Minister Maninder Sidhu announced the extension after a Beijing meeting co-led by Chinese Commerce Minister Wang Wentao. The countries pledged talks on boosting Canadian exports.
More context
Canada and China have extended tariff relief on Canadian peas, canola meal, lobster and crab through the end of 2028, and extended Canadian remission measures for some Chinese steel and aluminum products for the same period.
International Trade Minister Maninder Sidhu announced the extension Wednesday after jointly leading a Beijing meeting with Chinese Commerce Minister Wang Wentao. The tariff reductions, which were due to expire Dec. 31, include suspended Chinese levies of 100 per cent on peas and canola meal and 25 per cent on lobster and crab. The two countries also pledged to continue discussions on boosting Canadian exports to China. Sidhu said the extension gives farmers, producers and harvesters predictable access to the Chinese market and supports Canada's goal of increasing exports to China by 50 per cent by 2030.
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Reporting
- Bloomberg — Canada, China Extend Tariff Deal, Aim to Boost Canadian Exports - Bloomberg
- The Globe and Mail — China extends tariff relief for some Canadian farm, seafood products by two years - The Globe and Mail
- CTV News — Canada and China agree to extend deal on canola, steel to late 2028
- ckom.com — Beijing, Ottawa agree to extend deal on canola, Chinese steel access to late 2028 | 650 CKOM
Verifier’s note
Bloomberg and The Globe and Mail report the tariff extension and the push to grow Canadian exports. 650 CKOM and CTV News Vancouver Island also report the extension, with both carrying the same Canadian Press story.