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Let \(\mathfrak{g}\) be a complex semisimple Lie algebra, and \(Y_{\hbar }(\mathfrak{g})\), \(U_{q}(L\mathfrak{g})\) the corresponding Yangian and quantum loop algebra, with deformation parameters related by \(q=e^{\pi \iota \hbar }\). When \(\hbar \) is not a rational number, we constructed in Gautam and Toledano Laredo (J. Am. Math. Soc. 29:775, 2016) a faithful functor \(\Gamma \) from the category of finite-dimensional representations of \(Y_{\hbar }(\mathfrak{g})\) to those of \(U_{q}(L \mathfrak{g})\). The functor \(\Gamma \) is governed by the additive difference equations defined by the commuting fields of the Yangian, and restricts to an equivalence on a subcategory of \(\operatorname{Rep}_{\operatorname{fd}}(Y_{\hbar }(\mathfrak{g}))\) defined by choosing a branch of the logarithm. In this paper, we construct a tensor structure on \(\Gamma \) and show that, if \(|q|\neq 1\), it yields an equivalence of meromorphic braided tensor categories, when \(Y_{\hbar }(\mathfrak{g})\) and \(U_{q}(L\mathfrak{g})\) are endowed with the deformed Drinfeld coproducts and the commutative part of their universal \(R\)-matrices. This proves in particular the Kohno–Drinfeld theorem for the abelian \(q\)KZ equations defined by \(Y_{\hbar }(\mathfrak{g})\). The tensor structure arises from the abelian \(q\)KZ equations defined by an appropriate regularisation of the commutative part of the \(R\)-matrix of \(Y_{\hbar }(\mathfrak{g})\).

Meromorphic tensor equivalence for Yangians and quantum loop algebras