TORONTO: Canadian Prime Minister Mark Carney stated Sunday that his country has no interest of seeking a free trade agreement with China. He was replying to US President Donald Trump’s warning to put a 100 percent tax on goods imported from Canada if the country’s northern neighbor signed a trade agreement with Beijing.
Carney stated that his latest arrangement with China only reduces tariffs on a few sectors that were recently hit with tariffs. Trump believes differently, writing that “China is successfully and completely taking over the once great country of Canada.” It’s so awful to see what happened. I only hope they leave ice hockey alone! “President DJT.
The prime minister stated that the free trade deal between the United States and Mexico includes pledges not to pursue free trade agreements with nonmarket economies without prior notification.
We have no intention of doing that with China or any other nonmarket economy,” Mr. Carney explained. “What we have done with China is to rectify some issues that developed in the last couple of years. In 2024, Canada followed suit with the United States, imposing a 100 percent tariff on electric vehicles imported from Beijing and a 25 percent duty on steel and aluminum. China replied by putting 100% import levies on Canadian canola oil and meal, as well as 25% on pork and seafood.
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