Canada made it clear that it will not sign a free trade agreement with China, after the United States threatened to impose a 100% tariff on Canadian products entering the country. Prime Minister Mark Carney assured that his country complies with USMCA and will not seek deals with non-market economies, including China. Carney's statements came after warnings from Donald Trump, who on social media said that any Canada-China deal would have serious economic consequences for Ottawa. Carney explained that recent agreements with Beijing only aimed to correct problems in auto, fishing, and agricultural trade, and recalled that an annual quota of 49,000 electric vehicles with reduced tariffs was established for Canada. Meanwhile, U.S. Treasury Secretary Scott Bessent criticized Carney's actions and defended the possible 100% tariffs on Canada if it becomes a gateway for Chinese products. Trump, for his part, stated that Canada is 'self-destructing' and called any deal with China a disaster for the country.
Canada Refuses Deal with China Due to US Threats
Canada has refused to sign a free trade deal with China following U.S. threats of 100% tariffs on Canadian goods. Prime Minister Mark Carney affirmed Canada's commitment to USMCA and its rejection of deals with non-market economies.