🇺🇸🔥 Trump Threatens 100% Tariffs as Canada Rejects China Trade Deal 🇨🇦🐉
- Trump’s Warning: President Donald Trump vowed to impose 100% tariffs on Canadian exports if Ottawa pursues deeper trade ties with China.
- Canada Pushes Back: Prime Minister Mark Carney firmly rejected the idea of a free trade deal with Beijing, stressing Canada has “no intention” of signing one.
- China Factor: Earlier in January, Canada and China agreed to lower tariffs on select goods (like EVs), sparking Trump’s retaliation.
- Geopolitical Tension: Trump accused Canada of becoming a “drop-off port” for Chinese goods entering the U.S.
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🌍 Global Trade Impact
- Canada: Faces risk of economic shock if tariffs are enacted, especially in autos, agriculture, and energy.
- U.S.: Tariffs could raise costs for American consumers and businesses reliant on Canadian imports.
- China: Gains leverage by exploiting divisions among Western allies, though Canada insists no full deal is planned.
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