Overview

• Carney met Premier Li Qiang on the sidelines of the UN General Assembly in New York on Tuesday and described the talks as very constructive.
• He cited alignment with U.S. tariff policy in the steel sector and said the agenda included canola, broader agri‑food, seafood and electric vehicles.
• He said discussions will deepen and that he expects to meet President Xi Jinping at the appropriate time while continuing dialogue with Li.
• According to Xinhua, Li urged Canada to adopt a correct understanding of China, respect core interests and build a political foundation for cooperation, with Beijing pointing to rapid trade growth and readiness to resolve concerns.
• Zhengzhou rapeseed meal futures fell about 3% after the readout, with an analyst linking the drop to expectations for progress on Canada–China canola trade.