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Beijing says it’s willing to deepen economic ties with Canada as Trump brings trade chaos (www.theglobeandmail.com)

submitted 1 year ago by Timbits@lemmy.ca to c/world@quokk.au

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China says it’s willing to deepen economic relations with Canada as this country’s trading relationship with the United States hits a rough patch.

The People’s Republic of China is Canada’s second-largest trading partner after the U.S. and, in 2017, Ottawa came close to starting talks with Beijing on a trade agreement.

In 2019, China restricted imports of several Canadian products, including canola seed, in apparent retaliation for Ottawa arresting a Chinese tech executive. The value of the economic fallout – billions in lost sales – pales in comparison to the threat U.S. president-elect Donald Trump has made to Canada, vowing 25-per-cent tariffs on all Canadian goods when he takes office. Canadian exports to the U.S. in 2023 exceeded $592-billion.

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[–] P00ptart@lemmy.world -5 points 1 year ago (2 children)

China?!? How tf can you possibly say that, when they're tossing out a life preserver for Canada as the US is threatening to drown them? The only bad guys here are the incoming US administration. Yeah, China's not good by any means, but they're looking a lot better to Canadians and danish at the moment.

[–] tacosanonymous@lemm.ee 3 points 1 year ago (1 children)

My disagreement is with your use of the word, "only."

[–] P00ptart@lemmy.world 1 points 1 year ago

Alright, that's fair. There can be more than one bad actor.