China, Trump
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Carney’s pro-trade stance could open up China-Canada business opportunities, in clean energy, agriculture, and energy trade.
The president has backtracked repeatedly on his tariff policies, creating a whiplash with downsides and few clear benefits so far.
Rapido Trains Inc. in Markham, Ont., imports model trains from China and makes 75 per cent of its sales in the United States
Chinese Premier Li Qiang on Tuesday sent a congratulatory message to Mark Carney on his assuming office as Canadian prime minister. Noting that China attaches high importance to the relationship with Canada,
Chinese traders are scouring the globe for alternative sources of rapeseed, as tensions with Canada, their top supplier, risk choking imports of a key ingredient in animal feed.
China and the U.S. agreed to end their recent tariff battle temporarily and restart stalled trade between the two countries.
With just two months left on his 90-day tariff pause, Trump struck a deal with the UK. Other trade deals remain up in the air.
Canadian Prime Minister Mark Carney and British Prime Minister Keir Starmer spoke on Monday and agreed to strengthen trade, commercial, and defence ties, according to a statement from the Canadian prime minister's office.
Canadian stocks like Brookfield (TSX:BN) will likely make big moves. The post U.S. and China Cut Tariffs 115%: What Does it Mean for Canada? appeared first on The Motley Fool Canada.