Moneywise and Yahoo Finance LLC whitethorn gain committee oregon gross done links successful the contented below.
U.S. President Donald Trump is sending a stark informing astir the evolving narration betwixt 2 large trading partners: China and Canada.
“China is successfully and wholly taking implicit the erstwhile Great Country of Canada. So bittersweet to spot it happen,” Trump wrote successful a caller station connected Truth Social (1), adding the quip, “I lone anticipation they permission Ice Hockey alone!”
-
Thanks to Jeff Bezos, you tin present go a landlord for arsenic small arsenic $100 — and no, you don't person to woody with tenants oregon hole freezers. Here's how
-
Build a portfolio of the world’s champion backstage tech companies and marque it accessible to everyone — that’s the ngo of Fundrise Venture Capital. You tin commencement investing contiguous with conscionable $10
-
Dave Ramsey warns astir 50% of Americans are making 1 large Social Security mistake — here’s what it is and 3 elemental steps to hole it ASAP
The comments came aft a caller travel by Canadian Prime Minister Mark Carney to China — Canada’s second-largest trading spouse aft the U.S.
During the visit, Carney and Chinese President Xi Jinping reached a “preliminary statement successful principle” aimed astatine easing commercialized barriers (2).
Under the agreement, China would sharply trim tariffs connected Canadian canola seeds to a combined complaint of astir 15%, down from astir 85%, portion Canada would let up to 49,000 Chinese electrical vehicles into the state each twelvemonth astatine the “most-favored-nation” tariff complaint of 6.1%.
Trump had warned that person ties betwixt Ottawa and Beijing could trigger sweeping commercialized retaliation from Washington.
“If Governor Carney thinks helium is going to marque Canada a ‘Drop Off Port’ for China to nonstop goods and products into the United States, helium is sorely mistaken,” Trump wrote connected Saturday (3).
“If Canada makes a woody with China, it volition instantly beryllium deed with a 100% Tariff against each Canadian goods and products coming into the U.S.A.”
A time later, Carney moved to clarify Canada’s position, stressing that Ottawa is not pursuing a escaped commercialized statement with Beijing.
“We person nary volition of doing that with China oregon immoderate different non-market economy,” Carney told reporters connected Sunday (4). “What we’ve done with China is to rectify immoderate issues that developed successful the past mates of years.”
Canada’s curate liable for Canada–U.S. trade, Dominic LeBlanc, has besides clarified the concern (5), stating, “There is nary pursuit of a escaped commercialized woody with China. What was achieved was solution connected respective important tariff issues.”
Still, Trump struck a notably bleak code successful his appraisal of Canada’s absorption (6), arguing that the state is “systematically destroying itself” and informing that its woody with China “will spell down arsenic 1 of the worst deals, of immoderate kind, successful history.”

2 hours ago
1






English (CA) ·
English (US) ·
Spanish (MX) ·