Carney Downplays Tariff Threat

Trade tensions between the United States and Canada have ramped up with President Trump’s threat to impose 100 percent tariffs on all Canadian imports if Ottawa pursues a free trade agreement with China. Canadian Prime Minister Mark Carney said Canada and China have resolved a trade dispute over Canadian canola and Chinese electric vehicles, but a free trade agreement is not being pursued. Carney sees the Trump tariff threat as a negotiating tool ahead of this year’s review of the U.S.-Mexico-Canada Agreement. “It’ll be a robust review, is the expectation,” said Carney. “The President is a strong negotiator, and I view some of these comments and positioning in the broader context of that.”