BEIJING: Canada will allow 49,000 Chinese electric vehicles (EVs) to be imported under new, preferential tariff rates, Prime Minister Mark Carney said Friday, after reaching a trade deal with China&#39;s leader Xi Jinping in Beijing. At a press conference in the Chinese capital, the Canadian PM told reporters that &quot;Canada has agreed to allow up to 49,000 Chinese <a href="https://www.pakistantv.com/article/tesla-sales-slip-as-it-loses-ev-crown-to-chinas-byd-in-2025" target="_blank" style="color:#0073e6;" rel="noopener noreferrer">electric vehicles</a> into the Canadian market, with the most favored nation tariff rate of 6.1%.&quot; &quot;This is a return to the levels that existed prior to recent <a href="https://www.pakistantv.com/article/trump-increasing-tariffs-on-canada-by-10-percent" target="_blank" style="color:#0073e6;" rel="noopener noreferrer">trade frictions</a>.&quot; Reduced tariffs Carney&nbsp;also announced a deal to reduce tariffs on each country&#39;s products. &quot;Canada and China have reached a preliminary but landmark trade agreement to remove trade barriers and reduce, reduce tariffs.&quot; &quot;By March the first, Canada expects that China will lower tariffs on Canadian canola seed. The combined rate of approximately 15% [...] this change represents a significant drop from the current combined tariff levels of 84%.&quot; Visa-free entry China will allow Canadian visitors to enter the country visa-free, Carney stated, as the two nations aim to thaw frosty relations. &quot;I&#39;m very pleased to share that President Xi in our meeting today has committed to ensuring visa-free access for Canadians travelling to China,&quot; he said.

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Canada and China reached a preliminary trade deal to cut tariffs on goods and allow visa-free travel for Canadians, easing trade tensions and improving relations.

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Canada to import 49,000 Chinese EVs at preferential tariff rates: PM Carney

Canada to import 49,000 Chinese EVs at preferential tariff rates: PM Carney