US EditionCanada has no intent of pursuing free trade deal with China, says PM after Trump threat
Canada respects its USMCA obligations and denies plans for a free trade deal with China, despite a recent tariff reduction agreement on electric vehicles and agricultural products.
- On Sunday, Prime Minister Mark Carney in Ottawa said Canada has `no intention` of pursuing a free trade agreement with China after U.S. President Donald Trump threatened a 100 per cent tariff if Canada "makes a deal with China."
- The targeted EV and canola tariff arrangement last week saw Canada agree to market access for Chinese-made electric vehicles in exchange for lower Chinese tariffs on canola and other products.
- Explaining Ottawa's approach, Prime Minister Mark Carney said, `What we've done with China is to rectify some issues that have developed in the last couple of years` and Canada `respects our commitments` to the Canada-U.S.-Mexico Agreement.
- Foreign Affairs Minister Anita Anand noted ministers will handle the issue and she will travel to the U.S. next week, while Marc Miller said the government will control what we control.
- The Davos fallout has led to tensions, with Anand framing Canada's role as a middle power and referencing 'coalition of the willing' on Ukraine, following Carney's remarks and Trump's 'Board of Peace' disinvitation.
93 Articles
93 Articles
Mark Carney rules out free trade deal with China after Trump's 100% tariff threat
Mark Carney’s comments came after Trump threatened to impose 100 per cent tariffs on Canadian goods if Ottawa followed through on a free trade deal with China. The Canadian leader reassured that recent engagement with Beijing was limited to resolving specific tariff disputes.
Washington, Jan 25 (EFE).- Canadian Prime Minister Mark Carney said this Sunday that his country does not intend to sign a free trade agreement with China after its US counterpart, Donald Trump, threatened to impose 100% tariffs on Canada if it signed such a trade agreement with Beijing. “Under the T-MEC (trilateral trade treaty that includes Mexico, Canada and the US), we are committed to not seeking free trade agreements with non-market econom…
Canada has ‘no intention’ of China free trade deal, Carney says, as Trump threatens 100% tariffs
Mark Carney said Canada has no plans to pursue a free trade agreement with China, rejecting President Donald Trump’s warning that Ottawa would face 100% US tariffs if it struck a “deal” with Beijing. Carney said Canada is addressing specific trade issues while remaining bound by CUSMA rules.
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