‘Excellent first step’: Sask. farmer welcomes progress on trade deal with China
Saskatchewan farmers are possibly getting a break when it comes to the Chinese trade front.
This week’s trade mission by Prime Minister Mark Carney that included Saskatchewan Premier Scott Moe, was able to make some good first steps when it comes to reducing some of the Chinese tariffs on Canadian agricultural products.
The deal announced Friday will see Canada allow up to 49,000 Chinese-made electric vehicles into the market annually with a 6.1 per cent tariff applied to their imports.
In exchange, China will drop levies on canola seed down from 100 per cent to 15 per cent by the end of this year and drop tariffs on canola meal, lobsters, crabs, and peas from March until at least the end of 2026.


