Trump threatens Canada with 100% tariff
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U.S. President Donald Trump’s envoy to Ottawa is warning of consequences to the continental defence pact if Canada does not move forward with the purchase of 88 F-35 fighter jets.
Trump threatens 100% tariffs on Canada if it becomes a "drop off port" for China, warning the deal would destroy Canadian businesses and way of life.
China said on Monday that a preliminary trade deal with Canada "does not target any third parties" after the United States threatened to impose 100 percent tariffs on Canadian products if the agreement were finalised.
Trump has taken an aggressive approach to negotiations with Canada since he commenced his second administration last year.
SYDNEY, Jan 25 (Reuters) - Canadian Prime Minister Mark Carney will visit Australia in March, Prime Minister Anthony Albanese said on Sunday, as he backed a speech by his Canadian counterpart decrying powerful nations using economic integration as weapons and tariffs as leverage.
President Trump said Thursday that Canada is no longer invited to join his international Board of Peace, following days of tension between the president and the U.S.'s northern neighbor.
Canada is pursuing a strategy to boost trade beyond the United States. Foreign Minister Anita Anand stated the nation will not be deterred by recent threats from the Trump administration. Canada aims to double its non-US exports within ten years.
By Divya Rajagopal TORONTO, Jan 25 (Reuters) - Canada respects its commitments and engagements under the United States Mexico Canada trade agreement, of not to pursue free trade agreements with non market economies,