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The Canadian Prime Minister, Mark Carney confirmed this Sunday that his country has no intention of signing a free trade agreement with China after his American counterpart, Donald Trump will threaten to impose 100% tariffs to Canada if it signed a trade pact of this nature with Beijing.
“We have the commitment not to seek free trade agreements with non-market economies without prior notification. We have no intention of doing it with China or with any other non-market economy,” Carney explained today in statements to the media.
“Canada is systematically self-destructing. The agreement with China is a disaster for them,” the US president published in Truth Social this Sunday prior to this Canadian confirmation.
This statement comes one day after Donald Trump made public his threats against Canada. Trump assured that if Canada accepted the trade agreement with China, it would devour it, “including their companies, their social fabric and their lifestyle in general,” said the president.
Agreement details
Carney specified that the objective of the agreements reached in his recent visit to Beijing is to “correct some problems that arose in the last couple of years” in exchanges with the Asian giant in sectors such as agriculture, fishing or electric vehicles, and recalled that Ottawa has just agreed to a maximum annual quota of 49,000 of these cars to enter Canada with reduced tariffs.
“This is totally consistent with the USMCA agreement, with our obligations, which we deeply respect within the framework of said agreement,” added the Canadian prime minister.
In a television interview published this Sunday, they asked the US Treasury Secretary Scott Bessentwhy Trump, who less than ten days ago was in favor of an agreement between Canada and China, has suddenly criticized Ottawa. Bessent seemed attribute it to Carney’s recent speech at the Davos Economic Forumin Switzerland
“I’m not sure what Prime Minister Carney is doing, other than trying to appear virtuous to his globalist friends in Davos. I don’t think he’s doing what’s best for the Canadian people,” Bessent said in an interview with ABC.
In his speech in Davos, Carney stated that middle powers must work together to resist harassment and economic coercion by great powers.
Although he never named Trump, many analysts suggest that his words may have angered the American president.
For his part, Bessent stressed ABC what Ottawa is obliged to comply with the obligations of the T-MEC and he was in favor of imposing 100% taxes on Canada if the neighboring country is going to become “a gateway for the Chinese to flood the US with their cheap products.”
Donald Trump, continuing his posts on Truth Social, lamented China’s power over the Canadian country: “China is successfully and completely taking over the other great country of Canada. It’s very sad to see it happen. I just hope they leave ice hockey alone!”