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CNBC Awaaz24-01-2026, 23:22

Trump Threatens 100% Tariff on Canada Over Potential China Trade Deal

  • Donald Trump warned Canada of a 100% tariff on all goods if it becomes a "drop-off port" for Chinese goods entering the US.
  • The warning was issued on Truth Social, addressing Canadian Prime Minister Mark Carney as "Governor Carney."
  • Trump stated that a trade agreement with China would be detrimental to Canada's economy and society.
  • Canadian PM Mark Carney announced a new trade agreement with China at the World Economic Forum in Davos, aiming to open $7 billion in export markets.
  • Carney, without naming Trump, emphasized Canada's independence, stating, "Canada does not live because of America, but thrives because we are Canadians."

Why It Matters: Trump threatens severe tariffs on Canada if it facilitates Chinese goods entry into the US via a new trade deal.

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