Carney Rules Out China Free Trade Deal After Trump's 100% Tariff Threat

• Canadian PM Mark Carney stated Ottawa has no plans for a free trade agreement with China, following US President Donald Trump's threat of 100% tariffs.
• Carney cited commitments under CUSMA not to pursue FTAs with non-market economies without prior notification.
• Trump warned Canada would face severe consequences, including 100% tariffs, if it deepened trade ties with China, accusing Beijing of undermining Canada's economy.
• US Treasury Secretary Scott Bessent echoed Trump's threat, stating the US cannot allow Canada to become an entry point for cheap Chinese goods.
• The dispute follows Carney's earlier announcement of a 'new strategic partnership' and preliminary trade deal with China, and a clash over Greenland.

Why It Matters: Canada's PM Carney rejects a China free trade deal, citing CUSMA and Trump's tariff threats.