Canada rules out China FTA as Trump threatens 100% tariffs

Canada’s Prime Minister Mark Carney says Ottawa has no plan to pursue a free-trade deal with China and will honor the USMCA/CUSMA framework, even as Trump threatens a 100% tariff on Canadian exports if Ottawa engages Beijing. Separately, Canada and China struck a preliminary pact to lower tariffs on select goods—allowing 49,000 Chinese EVs into Canada at 6.1% and cutting canola oil tariffs to 15%—with other exports exempt from Chinese anti-discrimination tariffs through 2026, a move Carney says aligns with CUSMA.