Trump threatens 100% tariffs on Canada
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Canadian leader Mark Carney met China’s Xi Jinping this week. The two statesmen talked. Fractured relationships began to heal.
China responded by imposing duties of 100% on Canadian canola oil and meal and 25% on pork and seafood. It added a 75.8% tariff on canola seeds last August. Collectively, the import taxes effectively closed the Chinese market to Canadian canola exports, an industry group said.
Trump has been incensed with Carney ever since his attention-grabbing speech at Davos describing a 'rupture' in the world order.
President Donald Trump is threatening to impose a 100% tariff on goods imported from Canada if America’s northern neighbor goes ahead with its trade deal with China.
In a post on Truth Social, President Donald Trump threatened Canada with 100% tariffs on all goods and products if it makes a trade deal with Canada.
US Commerce Secretary Howard Lutnick dismissed as “political noise” the moves in recent days by Canada’s Prime Minister Mark Carney to strengthen trade relations with China, and raised the risk of that maneuver seeping into talks over a revamped North American trade accord later this year.
Diplomatic tensions rise as Donald Trump alleges Canadian opposition to US missile defence over Greenland, criticises trade with China, and Canadian leaders respond.
Canada and China have reached a preliminary agreement to remove all tariffs from canola meal and peas. Tariffs on canola seed are expected to be reduced to 15 per cent.