Monday, January 26, 2026

January 2026: TRUMP PRESIDENCY Canada rules out free trade deal with China amid tensions over tariffs and US pressure

Canada rules out free trade deal with China amid tensions over tariffs and US pressure
"Canadian Prime Minister Mark Carney said Sunday that Canada has no plans to pursue a free trade deal with China, pushing back against President Trump’s threat to slap 100% tariffs on Canadian goods.
Carney said Canada’s recent agreement with China only rolled back tariffs in a few sectors that had been hit in recent years and did not amount to a free trade deal. He noted that under the U.S.–Mexico–Canada Agreement, Canada has committed not to pursue free trade agreements with nonmarket economies without prior notification.
"We have no intention of doing that with China or any other nonmarket economy," Carney said. "What we have done with China is to rectify some issues that developed in the last couple of years." 
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