Core Viewpoint - President Trump threatens to impose a 100% tariff on Canadian goods if Canada finalizes a trade deal with China, indicating a strong stance against perceived trade maneuvers that could undermine U.S. tariffs [1][2]. Group 1: U.S.-Canada Trade Relations - Trump warns that a trade deal between Canada and China would result in a 100% tariff on all Canadian goods entering the U.S. [1] - The U.S. has previously raised tariffs on Canadian goods to 35% as of August 2025, with certain products like steel and autos still subject to duties under the Canada-U.S.-Mexico Agreement (CUSMA) [4]. - The new tariff threat follows Trump's withdrawal of an invitation for Canada to join his "Board of Peace," which was announced after Prime Minister Carney's speech at the World Economic Forum [5][6]. Group 2: Canada-China Trade Deal - Canada and China have reached a preliminary agreement to reduce trade barriers, allowing up to 49,000 Chinese electric vehicles into Canada at a tariff rate of 6.1%, while China would lower tariffs on Canadian canola seed to approximately 15% [3]. - Trump's previous comments indicated support for Carney's efforts to negotiate a trade deal with China, highlighting a shift in his stance [4].
Trump threatens to impose 100% tariff if Canada makes deal with China
CNBC·2026-01-24 15:23