In a recent post on Truth Social, President Donald Trump commented on trade relations involving Canada and China. He suggested that if Canada were to move forward with a trade agreement with China, his administration would consider imposing a 100% tariff on Canadian goods and products entering the United States.
At this stage, the statement appears to be a warning rather than an announced policy change, and no official action has been taken. Developments around this issue remain uncertain.
CBC News reported that Prime Minister Mark Carney responded to the threats of 100% tariffs indicating Canada is not pursuing a free trade agreement with China, and existing issues relating to electric vehicles (EVs), agriculture and fish products, were addressed.
BBC News reported China’s foreign ministry indicated the “strategic partnership” between Canada and China, is not meant to undercut other countries, and does not target “any third party.”
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Willson International Ltd. is following this story and will continue to monitor the situation and provide updates as more information becomes available.