Trump Signals Approval of Canada–China Trade Deal: 'If You Can Get A Deal...You Should Do That' - BYD (OTC:BYDDF), BYD (OTC:BYDDY)

Group 1 - President Trump endorsed the Canada-China trade deal, calling it a "good thing" and encouraging Canada to pursue such agreements with China [2] - The trade deal includes lower tariffs on electric vehicles and canola, with Canada allowing up to 49,000 Chinese electric vehicles at a 6.1% tariff, while China is expected to reduce its tariff on canola seed by March 1 [3] - Canadian Prime Minister Mark Carney emphasized the strategic importance of the deal, stating it recalibrates Canada's relationship with China for mutual benefit [4] Group 2 - Ontario Premier Doug Ford expressed concerns that the trade deal could negatively impact the Canadian auto industry, particularly in Ontario, which is a major auto-manufacturing hub [5] - Ford criticized the deal for potentially inviting a surge of inexpensive Chinese electric vehicles without guarantees of reciprocal investments in Canada's economy and auto sector [6] - Businessman Kevin O'Leary raised skepticism about China's reliability as a business partner and questioned the long-term economic implications for Canada amid significant changes in the global auto industry [7]