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Carney's Trade Agreement
- Canada's Prime Minister Mark Carney announced a landmark agreement with China that allows 49,000 Chinese electric vehicles into Canada under a 6.1% tariff.
- China will lower tariffs on Canadian canola to 15% by March.
- Critics, including Ontario Premier Doug Ford, argue the deal could jeopardize Canadian auto jobs and the integrity of the domestic market.
- The deal's implications for U.S.-Canada relations remain uncertain as the CUSMA review approaches.
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