US President Donald Trump is ramping up tensions with Canada, threatening a 100% tariff on all Canadian goods if the country moves forward with a trade deal with China. Trump claims Canada would become a "drop-off port" for Chinese goods, and China would "eat Canada alive".
This comes after Canadian Prime Minister Mark Carney's recent visit to China, where he praised China as a "reliable partner" and announced a landmark trade agreement, including reduced tariffs on Canadian canola and Chinese electric vehicles.
Trump's threat has escalated the war of words between the two leaders, with Carney criticizing Trump's approach to global diplomacy. The move could have significant implications for US-Canada trade relations and the global economy.
ETH
2,291.42
-5.62%
USDC
1.0008
0.00%