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Originally published by Capital Business
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business
January 26, 2026
3h ago

China says Canada deal does not target the US after Trump tariff threat

China says Canada deal does not target the US after Trump tariff threat

JAN 26 - Chinese officials said a recent trade agreement with Canada is not meant to undercut other countries, after Donald Trump threatened to impose Kenya breaking news | Kenya news today |..

✨ Key Highlights

China has stated that its trade agreement with Canada is not intended to target any third party, following threats from Donald Trump to impose 100% tariffs on Canadian products if the deal with Beijing is finalized.

  • The deal would lower levies on Canadian canola oil from 85% to 15% and tax a limited number of Chinese electric vehicles (EVs) at 6.1%, down from 100%.
  • Prime Minister Mark Carney clarified that Canada is not pursuing a free-trade deal with China and believes Trump's threats are likely a negotiation tactic ahead of an upcoming USMCA review.
  • Trump's tariff threat came after Carney's speech in Davos highlighting the rupture of the US-led world order and urging "middle powers" to band together.

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