Carney Dismisses Trump's Tariff Threats as Bluster Amid US-Canada Trade Talks
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Moneycontrol•26-01-2026, 23:52
Carney Dismisses Trump's Tariff Threats as Bluster Amid US-Canada Trade Talks
- •Canadian PM Mark Carney views Trump's tariff threats as pre-negotiation posturing for the USMCA review.
- •Trump threatened 100% tariffs on Canadian goods if Canada pursued a trade deal with Beijing, which Carney denies interest in.
- •Canada recently cut tariffs on Chinese EVs in exchange for lower tariffs on Canadian canola oil, meal, pork, and seafood from China.
- •The new deal allows tens of thousands of affordable Chinese EVs into Canada with an initial cap of 49,000 vehicles.
- •Trump's tariff threat and Greenland acquisition push have strained US-Canada relations and the NATO alliance.
Why It Matters: Carney sees Trump's tariff threats as negotiation tactics, while Canada navigates complex trade relations.
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