Canadian Prime Minister Mark Carney says his country has no intention of pursuing a free trade deal with China. He was responding to U.S. President Donald Trump’s threat to impose a 100% tariff on goods imported from Canada if America’s northern neighbor went ahead with a trade deal with Beijing. Carney says he merely cut some tariffs on a few sectors that were recently hit with tariffs. He says under the free trade agreement with the U.S. and Mexico there are commitments not to pursue free trade agreements with nonmarket economies without prior notification.
