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CEO NA Magazine > News > Canada not pursuing free trade deal with China, PM Carney says

Canada not pursuing free trade deal with China, PM Carney says

in News
Trump halts trade negotiations with Canada
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Canada’s Prime Minister Mark Carney said he has “no intention” of pursuing a free trade deal with China, after U.S. President Donald Trump warned he would impose a 100% tariff on Canadian exports if Ottawa “makes a deal” with China.

Carney told reporters that under the Canada-U.S.-Mexico trade agreement, known as CUSMA in Canada and the USMCA in the U.S., the government will not pursue a free trade agreement without notifying the other two parties. 

“We have no intention of doing that with China or any other non-market economy,” Carney said. “What we have done with China is to rectify some issues that developed in the last couple of years.”

Carney’s comments follow President Trump’s multiple posts on Truth Social criticizing the possible agreement with Canada. Trump wrote:

“China is successfully and completely taking over the once Great Country of Canada. So sad to see it happen. I only hope they leave Ice Hockey alone! President DJT”

“Canada is systematically destroying itself. The China deal is a disaster for them. Will go down as one of the worst deals, of any kind, in history. All their businesses are moving to the USA. I want to see Canada SURVIVE AND THRIVE! President DJT”

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

The President’s comments come amid increasing tensions between the U.S. and Canada. Last week, Trump revoked Ottawa’s invitation to join his “Board of Peace” after Carney, speaking at the World Economic Forum in Davos, cautioned against economic coercion by the world’s superpowers.

By CEO NA Editorial Staff

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