Economy

Trump Threatens Canada with 100% Tariff Over China Trade Deal, Escalates Feud with Carney

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Former President Donald Trump has issued a fiery warning to Canada, threatening a staggering 100% tariff on Canadian goods. This latest escalation comes amidst growing tensions over Canada’s potential trade dealings with China, further heating up a long-standing feud with former Bank of England Governor Mark Carney.

The threat underscores Trump’s unwavering protectionist stance and his suspicion of any arrangements he perceives as circumventing U.S. trade policies. The potential for Canada to act as a conduit for Chinese goods into the American market appears to be the primary concern driving this aggressive rhetoric.

“If Carney thinks he is going to make Canada a ‘Drop Off Port’ for China to send goods into the United States, he is sorely mistaken,” Trump declared.

This statement leaves little room for ambiguity, signaling a clear intention to impose severe economic penalties should Canada pursue trade agreements that Trump believes undermine American interests. The ongoing trade disputes and personal animosity between Trump and figures like Carney suggest that cross-border economic relations could face significant turbulence in the future.

Source: Original Article

Trump threatens Canada with 100% tariff over pending trade deal with China

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