Trump Threatens 100% Tariff on Canada Over China Trade Deal
President Donald Trump has threatened a 100% tariff on Canadian imports if Canada proceeds with a trade deal with China. Trump's comments come as Canada aims to strengthen its ties with China, despite warnings of potential economic harm. U.S.-Canada tensions have recently escalated.
President Donald Trump announced a potential 100% tariff on Canadian goods if Canada finalizes its trade deal with China. Trump's remarks came via a post on Truth Social, where he warned that such a move could devastate Canada's economy.
Canadian Prime Minister Mark Carney, who recently visited China to improve bilateral relations, has not yet publicly responded to Trump's warning. Initially, Trump supported Canada's outreach to China, considering it beneficial to sign a trade agreement.
The tensions form part of a broader strain between the two countries, further fueled by Carney's comments against Trump's interest in Greenland. This comes amid ongoing discussions about the renegotiation of the U.S.-Canada-Mexico trade agreement set for July.
ALSO READ
-
WRAPUP 8-Trump holds talks on prolonged Iran blockade, urges Tehran to reach a deal
-
UPDATE 1-US military commanders to brief Trump on new options against Iran, Axios reports
-
US central command leader to brief Trump on new Iran military options Thursday, Axios reports
-
UPDATE 1-Trump administration appeals judge's order upending Kennedy's vaccine policies
-
China appoints Zhang Zhu agriculture minister in second shake-up in two years