Prime Minister Mark Carney, makes it clear Canada does not want to chase a free trade deal with China anytime soon. Carney emphasized that Canada will honor its commitments under the Canada-U.S.-Mexico (CUSMA) Agreement. This news came out after, President Trump threatened to impose a steep 100% tariff on Canadian exports if Canada made a larger deal with Beijing.
The comments come as tensions rise between the two neighbors. Trump argued that Canada could become a gateway for Chinese goods into the U.S., but Carney pushed back, saying Canada's recent agreement with China was focused only on fixing tariff issues that had built up over the years. The agreement lowers tariffs on a small number of products, including Chinese electric vehicles entering Canada and Canadian agricultural exports heading to China and follows CUSMA rules.
The situation highlights how Canada is trying to balance trading with other countries while also keeping a strong relationship with the U.S. With tough language and tariff threats coming from Washington, Canada seems more focused on avoiding conflict and protecting its economy than on making bold new trade deal with China right now.
https://www.cnbc.com/2026/01/26/canada-china-trade-deal-tariffs-trump.html
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