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flag China to suspend tariffs on Canadian canola meal, peas, crab, and lobster from March to December 2026.

flag China will suspend 100% tariffs on Canadian canola meal and pea imports and halt 25% tariffs on crab and lobster from March 1 to December 31, 2026, following a trade agreement with Prime Minister Mark Carney’s January visit. flag The move signals a thaw in relations after years of tensions, including reciprocal tariffs on steel, aluminum, and electric vehicles. flag While China did not confirm changes to canola seed duties, which remain a point of contention, Chinese buyers have begun securing canola cargoes, indicating confidence in further reductions. flag The decision is part of broader efforts to stabilize trade ties amid shifting global economic dynamics.

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