Tariffs and ‘tough’ on China: what to expect from Canada’s next PM Carney
Analysts predict continued confrontation and tariff battles between Beijing and Ottawa under Mark Carney, Canada's next prime minister. Carney, who overwhelmingly won the Liberal Party leadership race, is expected to maintain a firm stance against both China and the United States, following in the footsteps of his predecessor, Justin Trudeau.
Carney's victory comes amid escalating trade tensions. The US recently imposed tariffs on Canadian goods, prompting retaliation from Ottawa. Simultaneously, China has announced tariffs on Canadian food products following an investigation into Ottawa's tariffs on Chinese electric vehicles. This complex situation suggests a challenging path ahead for Canada's international trade relations.
via SCMP Full Text Feed
Analysts predict continued confrontation and tariff battles between Beijing and Ottawa under Mark Carney, Canada's next prime minister. Carney, who overwhelmingly won the Liberal Party leadership race, is expected to maintain a firm stance against both China and the United States, following in the footsteps of his predecessor, Justin Trudeau.
Carney's victory comes amid escalating trade tensions. The US recently imposed tariffs on Canadian goods, prompting retaliation from Ottawa. Simultaneously, China has announced tariffs on Canadian food products following an investigation into Ottawa's tariffs on Chinese electric vehicles. This complex situation suggests a challenging path ahead for Canada's international trade relations.
via SCMP Full Text Feed
