"Our country is more united, ambitious and determined than it has been in decades, and it's incumbent on all of us to seize this moment, build big things together, Carney said, as he hailed 12 new economic and security accords reached over the last six months."
"Carney highlighted in particular a new agreement with China to lower trade levies. That deal prompted a rebuke last week from Trump, who threatened to impose a 100 percent tariff on Canada. In the face of Trump's accusations that Canada would serve as a drop-off port for Chinese goods, Carney clarified that Ottawa was not seeking a free-trade agreement with Beijing. But on Thursday, he nevertheless played up the perks he said the agreement would offer to Canada's agriculture sector."
Prime Minister Mark Carney sought to rally middle powers in response to an increasingly unpredictable global climate. Canada hailed 12 new economic and security accords reached over six months and pledged to diversify trading partners beyond the United States. A new agreement with China lowers trade levies and is expected to unlock more than $7 billion in export markets for farmers, ranchers, fish harvesters and workers. The U.S. administration rebuked the China deal and threatened a 100 percent tariff. Ottawa plans to advance relationships with India, ASEAN and Mercosur and to pursue a joint review of the regional trade agreement with the United States this year.
Read at www.aljazeera.com
Unable to calculate read time
Collection
[
|
...
]