cross-posted from: https://hexbear.net/post/7463103

cross-posted from: https://news.abolish.capital/post/22851

Canada and China have reduced mutual tariffs on goods like EVs and canola oil in recent weeks

Canadian Prime Minister Mark Carney stated on 25 January that he is not pursuing a free trade deal with China following threats by US President Donald Trump.

Carney said under the North American Free Trade Agreement (NAFTA) with the US and Mexico, Canada made commitments not to pursue free trade agreements with non-market economies without prior notification.

“We have no intention of doing that with China or any other non-market economy,” the Canadian premier said. “What we have done with China is to rectify some issues that developed in the last couple of years.”

On Saturday, Trump threatened to impose a 100 percent tariff on Canada if it reached a new trade deal with China.

“If Canada makes a deal with China, it will immediately be hit with a 100% Tariff against all Canadian goods and products coming into the U.S.A.,” Trump wrote on Truth Social.

Trump also claimed that China poses a “threat” to Canada and its “way of life.”

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