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Trump threatens 100 percent tariff on Canada over China deal

Trump threatens 100 percent tariff on Canada over China deal

Summary

President Donald Trump has threatened to impose a 100 percent tariff on Canadian goods if Canada finalizes a trade deal with China. The warning came after Canadian Prime Minister Mark Carney discussed new economic partnerships during a speech and announced a trade agreement with China. Tensions between the U.S. and Canada have increased due to these developments.

Key Facts

  • President Trump threatened a 100% tariff on Canadian goods if Canada makes a trade deal with China.
  • The threat was posted on Trump's social media platform, Truth Social.
  • Canadian Prime Minister Mark Carney aims to reduce Canada's economic reliance on the U.S.
  • The Canada-China deal includes reduced tariffs on Canadian products and allows Chinese electric vehicles in Canada.
  • Tensions have risen between Canada and the U.S. following Carney’s speech at the World Economic Forum.
  • President Trump revoked an invitation for Carney to join a U.S. advisory group, the "Board of Peace".
  • Trump has previously suggested that Canada should become the "51st state" of the U.S.

Source Information