Mark Carney rules out free trade deal with China after Trump 100 percent tariff threat on Canada - India Today
Canada’s Prime Minister Mark Carney has clearly ruled out the possibility of a free trade agreement with China, citing rising geopolitical tensions and economic risks. His statement comes as former US President Donald Trump renews threats of imposing tariffs as high as 100 percent on certain imports, a move that could disrupt global trade. Carney emphasised that Canada must prioritise economic security, fair trade practices, and strong alliances with trusted partners. He highlighted concerns over China’s state-controlled economic model, lack of transparency, and trade practices that Canada considers unfair. The Canadian government, he said, is focused on strengthening supply chains, protecting domestic industries, and deepening trade ties with democratic nations. Carney also stressed that Canada will not enter trade agreements that compromise national interests or values. The decision signals a cautious approach as Canada navigates increasing global trade uncertainty and pressure from major economic powers.
The Key points
- Mark Carney ruled out a free trade deal with China.
- Decision follows renewed US tariff threats by Donald Trump.
- Trump warned of tariffs reaching up to 100 percent.
- Canada cited economic security and national interest concerns.
- Chinese trade practices raised transparency issues.
- State-controlled industries remain a major concern for Canada.
- Canada aims to protect domestic businesses and jobs.
- Focus is shifting toward trusted democratic trade partners.
- Supply chain resilience is a key government priority.
- The move reflects rising global trade and geopolitical tensions.
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