$TRUMP
Trump warns of 100% tariffs on Canada over China ties ๐บ๐ธโ ๏ธ๐จ๐ฆ
Trade tensions heated up after comments from U.S. President Donald Trump at the World Economic Forum in Davos ๐. Trump signaled he could slap a 100% tariff on all Canadian imports if Canada proceeds with any trade arrangement that benefits China ๐ฆ๐ฅ.
On Truth Social, Trump said Canada would be โhit instantly with a 100% tariffโ if it allowed China to use Canadian channels as a gateway into U.S. markets ๐ข๐. He also referred to Prime Minister Mark Carney as a โgovernor,โ adding fuel to the political fire ๐ฃ๏ธ๐ฅ.
Canadaโs trade minister pushed back, stating Ottawa is not negotiating a free trade deal with China โ๐ค. Instead, officials say recent talks were limited to resolving specific tariff disputes and boosting domestic economic resilience ๐๐.
If carried out, such tariffs could severely impact North American supply chains and cross-border trade ๐โ๏ธ. Talks are expected to continue as both sides weigh the economic fallout.
#Canada #Tariffs #economy #markets
