January 16, 2026
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11:39Now PlayingCanadian Prime Minister Mark Carney and Chinese leader Xi Jinping announced a 'new strategic partnership'. The two leaders have agreed a preliminary trade deal that will see Beijing lower tariffs on Canadian canola seed, peas and some seafood; while Ottawa will allow 49,000 Chinese EVs into its market
Speaking in Beijing, Prime Minister Mark Carney said Canada had to adapt to a 'new reality' of a 'new world order', in the wake of Donald Trump's tariffs and trade disputes. Does this mark a shift in how global trade will work in the future?
With new deals on the table, our economics editor, Faisal Islam, takes us through the details.
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