China

Trump jumpy over China-Canada trade talks: To impose 100% tariffs on Canada

US President Donald Trump threatened to impose a 100% tariff on all Canadian goods if Prime Minister Mark Carney proceeds with a trade deal with China, accusing Canada of becoming a “drop-off port” for Chinese products into the US. In a Truth Social post,

Trump warned Carney is “sorely mistaken.” Canadian Minister Dominic LeBlanc clarified there is no free trade deal with China, only a resolution on tariff issues involving canola exports and limited Chinese EV imports.

Trump said Carney is “sorely mistaken” if he thinks Canada can become a “‘Drop Off Port’ for China to send goods and products into the United States”.

China-Canada trade

LeBlanc, said on X later on Saturday that “there is no pursuit of a free trade deal with China”.

He also described a deal announced last week between Ottawa and Beijing as a “resolution on several important tariff issues”.

“Canada’s new government is building a stronger Canadian economy, with a plan that is building our strength at home and strengthening our trading partnerships throughout the world,” LeBlanc said.

The threat follows escalating tensions after Carney’s Davos speech criticising US coercion, Trump’s revocation of Carney’s “Board of Peace” invitation, and repeated US calls for Canada to become the 51st state, driving Ottawa to diversify trade partnerships amid historic lows in bilateral relations.

Business News

Table of Contents

News Malaysia and Global

Read More News on Latest Malaysia

Read More News on Business News Malaysia

Read More News on SG Business News

Read More News on World Future TV

Read More News #latestmalaysia

Staff Writer

Recent Posts

Huawei Launches FusionSolar9.0 in Malaysia

Huawei unveils FusionSolar9.0 in Malaysia, introducing AI‑powered, grid‑stabilising solar technology to boost clean energy transition…

4 hours ago

Private Markets Face Slower Adjustment as Higher Rates and AI-Driven Growth Reshape Global Finance

Private markets remain resilient but face mounting pressure from higher rates, weak exits, concentrated AI…

6 hours ago

Consumer Group Urges Clarity on Budget 2026 Cuts

Fomca urges government transparency on Budget 2026 cuts, warning healthcare reductions could harm patients, staff,…

1 day ago

PETRONAS and ENEOS Reaffirm LNG Partnership for Energy Security

PETRONAS and ENEOS renew LNG partnership, securing 10% stake in MLNG Tiga to strengthen energy…

1 day ago

UAE Exit: Weakens OPEC+’s Control Over Spare Capacity

UAE exits OPEC+, weakening spare capacity control and signaling shift toward capacity-driven competition, raising volatility…

1 day ago

Dunlop Enters New Chapter in Malaysia with EV-Ready Tyres

Dunlop launches EV-ready tyres under Toyotsu Binter, strengthening Malaysian presence with new products, dealer expansion,…

1 day ago

This website uses cookies.