"To be absolutely clear, and I said this to the president, I meant what I said in Davos, Carney said to reporters as he arrived for a Cabinet meeting in the capital, Ottawa. Canada was the first country to understand the change in U.S. trade policy that he initiated, and we're responding to that. In Davos at the World Economic Forum last week, Carney condemned economic coercion by great powers on smaller countries without mentioning Trump's name."
"Tariffs and trade deals Trump threatened this past weekend to impose a 100% tariff on goods imported from Canada if America's northern neighbor went ahead with a trade deal with Beijing, though Carney has said Canada has no interest in negotiating a comprehensive trade deal with Beijing. Carney said Trump called him. I explained to him our arrangement with China. I explained to him what we're doing 12 new deals, four continents, in six months, Carney said. He was impressed."
Mark Carney told President Donald Trump he meant his Davos remarks and reaffirmed Canada's intention to diversify away from the United States with a dozen new trade deals. Carney said Canada will pursue 12 new deals across four continents within six months and described an arrangement with China that cuts recently imposed tariffs on a few sectors. At Davos Carney condemned economic coercion by great powers on smaller countries. Trump threatened a 100% tariff on Canadian goods over a potential Canada–China deal and has made other provocative remarks about Greenland and Canada’s status.
Read at www.twincities.com
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