Daily brief
China and Canada have reached specific arrangements to address trade issues, according to China's commerce ministry. Canadian Prime Minister Mark Carney hailed a 'landmark' trade deal, with a Canadian official stating foreign automakers building vehicles in Canada will get preferential market access to China. A Chinese vice premier called for jointly promoting steady bilateral economic and trade ties.
Analysis suggests Carney's electric vehicle deal with Beijing represents high-wire diplomacy with risks on both sides, as reports detail the potential timeline and pricing for Chinese EVs entering the Canadian market.
President Donald Trump's threats regarding Greenland are cited as giving a boost to plans for expanding the port of Churchill in Canada.