Canada shouldn’t increase trade with China


On Friday, Carney agreed to a “most-favoured-nation tariff rate of 6.1 per cent” on Chinese-made electric vehicles, which is a significant reduction. In return, “Canada expects that China will lower tariffs on Canadian canola seed to a combined rate of approximately 15 per cent” on March 1. It’s pretty clear that China, and not Canada, got a significantly better deal. What did Trump think? “If you can get a deal with China, you should do that,” he said to reporters on Friday. That’s not a surprising response. If he believes that Canada’s value as a trade partner to the U.S. is minimal, he wouldn’t care if Carney expanded trade relations with China — or just about any other country, for that matter. It’s no skin off his back, after all.



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