Canada’s Mark Carney seeks reset on pivotal trip to China
Summary
Canadian Prime Minister Mark Carney is visiting China to try to improve the rocky relationship between the two countries. Relations have been tense since Canada's arrest of a Huawei official in 2018, and recent tariffs have added to the strain. Carney hopes to increase trade with China and reduce Canada's reliance on the United States.Key Facts
- Canadian Prime Minister Mark Carney is visiting China, the first Canadian leader to do so since 2017.
- Carney will meet with Chinese President Xi Jinping and Premier Li Qiang to discuss improving relations.
- Tensions started in 2018 when Canada arrested Huawei's Meng Wanzhou at the request of the U.S.
- In response, China detained two Canadian citizens.
- Canada imposed 100% tariffs on Chinese electric vehicles, and China retaliated with tariffs on Canadian goods like canola.
- Carney aims to reduce Canada's economic reliance on the U.S. and diversify trade.
- Roughly 80% of Canadian exports currently go to the U.S.
- The United States, under President Trump, has placed tariffs on Canadian goods like steel and lumber.
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