China Inc.'s biggest move into North America yet has industry officials and politicians on edge. But affordability concerns take center stage.

Jeff Mahon, Director of International Business and Geopolitical Advisory at StrategyCorp, discusses the recent reset in China-Canada relations – and why Canada has been put in a position to develop a more pragmatic approach with China.

China and Canada reached a wide-ranging agreement to lower trade barriers and rebuild ties, signaling a pivot in Canadian foreign policy and a break from alignment with Donald Trump’s trade agenda.

China responded by imposing duties of 100% on Canadian canola oil and meal and 25% on pork and seafood. It added a 75.8% tariff on canola seeds last August. Collectively, the import taxes effectively closed the Chinese market to Canadian canola exports, an industry group said.

China will in turn cut its own tariffs on Canadian canola products, Prime Minister Mark Carney of Canada said in Beijing on Friday.

Ho-jen Tseng is Taiwan’s equivalent to an ambassador. The island doesn’t have formal diplomatic recognition in Ottawa due to Canada’s policy, shared by other Western nations, of neither challenging nor endorsing China’s claim to the self-ruled democracy.

Xi Jinping told visiting Prime Minister Mark Carney that he is willing to continue working to improve ties, noting that talks have been underway on restoring and restarting cooperation since the two held an initial meeting in October on the sidelines of a regional economic conference in South Korea.