Senior Canadian officials consider it necessary to restore trade relations with China in connection with the tariff policy of US President Donald Trump and the introduction of tariffs against Canada, reports the ag. Bloomberg.
On July 22, the premiers of the Canadian provinces urged Prime Minister Mark Carney to develop trade cooperation with Beijing. Regional leaders stressed the need to remove restrictions on imports of goods from China, which came into effect in 2024. Canada then imposed a 100% tariff on Chinese electric cars and also imposed 25% tariffs on steel and aluminum products.
“The initial tariffs that Canada imposed in an attempt to win the support of the US president, in my opinion, did not lead to the expected result. The federal government will have to reconsider its tariff policy towards trading partners around the world, given that we do not want to be crushed between the two largest economies in the world,“ said British Columbia Premier David Ebbie.
In turn, Webb Kinnew, the head of Manitoba, one of Canada's largest agricultural exporters, said that in a conversation with Carney he noted the need to develop a course that would provide Canada with “room to maneuver“ in the face of trade restrictions from the US and China. Saskatchewan Governor Scott Mow told Bloomberg that China is the second most important trading partner for his region. He called for a reset of Canada-China relations.