US EditionChina says Canada deal not aimed at U.S. after tariff threat
China says the trade deal with Canada aims to benefit both countries and is not intended to target the US despite Washington's threat of 100% tariffs on Canadian goods.
- On Monday , China said a preliminary trade deal with Canada does not target any third parties after the United States threatened 100% tariffs if finalised.
- Under the deal, announced this month, Beijing would reduce canola levies from 85% to 15% by March and offer visa-free travel, while Canada sets tariffs on Chinese electric vehicles at 6.1%.
- On Sunday, Prime Minister Mark Carney said Canada has no intention of pursuing a free trade deal with China and added, `We would have given notice, and then there is a very open and transparent process` under USMCA rules.
- Trump responded over the weekend by posting on Truth Social, warning of tariffs and US Treasury Secretary Scott Bessent clarified Sunday that threats apply if Canada allows Chinese dumping or transshipment.
- The timing comes ahead of a USMCA review scheduled later this year, as Carney said the tariff threat reflects broader negotiation tactics by Trump, surprising some in Canada given his earlier praise.
26 Articles
26 Articles
Canada: China criticizes zero-sum mentality after US tariff threat
Beijing has cautioned against a “zero-sum mentality,” following the warning from the United States, which has threatened additional levies against Canada over its trade deal with China. President Donald Trump said the U.S. will impose 100% tariffs on imports from Canada if it finalizes the recent agreement with China, a threat Treasury Secretary Scott Bessent echoed. In an interview with ABC News on Sunday, Bessent vowed that America would not a…
China says Canada deal not aimed at U.S. after tariff threat
China said on Monday that a preliminary trade deal with Canada “does not target any third parties” after the United States threatened to impose 100-percent tariffs on Canadian products if the agreement were finalised.
China says Canada trade deal not aimed at US despite Trump tariff threat
BEIJING, Jan 26 — China today said that a preliminary trade deal with Canada “does not target any third parties” after the United States threatened to impose 100-percent tariffs on Canadian products if the agreement were finalised.Under the deal, announced this month, Beijing is expected to reduce tariffs on Canadian canola imports and grant Canadians visa-free travel to China.But over the weekend, the United States—Canada’s traditional ally—thr…
China said Monday that the preliminary trade agreement reached with Canada "does not target any third parties," after U.S. President Donald Trump threatened to impose 100% tariffs on Canadian products if Ottawa deepens its trade ties with Beijing.Read more
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