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26.01.26 - 16:09
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Carney Cracks: Canada Has ′No Intention′ Of Pursuing Free Trade Deal With China After Trump Threatens 100% Tariffs (ZeroHedge)
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Carney Cracks: Canada Has 'No Intention' Of Pursuing Free Trade Deal With China After Trump Threatens 100% Tariffs
Canadian Prime Minister Mark Carney says Canada has "no intention" of pursuing a free trade deal with China, after Donald Trump threatened to slap a 100% tariff on Canadian exports if Ottawa "makes a deal" with Beijing.
Prime Minister Mark Carney of Canada at a news conference in Quebec City last Thursday (Mathieu Belanger/Reuters)
To review: right before Davos, Canadian Prime Minister Mark Carney returned from a trip to Beijing and announced a new 5-point 'strategic partnership' to 'diversify our trade partnerships.' The agreements included slashing tariffs on Chinese EV imports from 100 percent to 6.1 percent for the first 49,000 units, in exchange for China cutting tariffs on Canadian canola from 85 percent to 15 percent until at least the end of the year. Other exports, including Canadian canola meal, lobsters, crabs, and peas will also not be subj...
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26.01.26 - 13:06
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Trump Threatens 100% Tariffs on Canada for China Trade Deal (Bloomberg)
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President Donald Trump said he would place a 100% tariff on all Canadian goods if Canada becomes a “drop off port” for Chinese exports to the US as the nation attempts to diversify trade away from the US. Tyler Kendall reports on Bloomberg Television. (Source: Bloomberg)...
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26.01.26 - 08:00
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Canada has no intention of pursuing free trade with China, says Carney (The Guardian)
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PM says recent agreement just cuts tariffs on a few sectors, as Trump threatens 100% tariffs on Canadian importsCanada's prime minister, Mark Carney, said on Sunday his country had no intention of pursuing a free trade deal with China, responding to Donald Trump's threat to impose a 100% tariff on goods imported from Canada if the US's northern neighbour went ahead with a trade deal with Beijing.Carney said his recent agreement with China merely cut tariffs on a few sectors that were recently hit with them. Continue reading......
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