Xi Jinping and Canadian Prime Minister Mark Carney announced lower tariffs during a meeting in Beijing. China is expected to cut levies on Canadian canola oil from 85% to 15% by 1 March, and Canada agreed to tax Chinese electric vehicles at the most-favoured-nation rate of 6.1%, according to Carney. Carney said he raised Canada’s “red lines” with Xi, including human rights, concerns over election interference, and the need for “guardrails.” Canada imposed 100% tariffs on Chinese electric vehicles in 2024, China retaliated with tariffs on more than $2bn of Canadian farm and food products, and Chinese imports of Canadian goods fell by 10% in 2025.