# Carney says Canada not pursuing free trade deal with China as Trump threatens 100% tariffs

> Prime Minister Carney said Canada has no intention of pursuing a free trade deal with China and will respect USMCA obligations. The statement follows Trump's threat of a 100% tariff on Canadian exports if Ottawa makes a deal with Beijing.

- Date: 2026-01-26 · published 2026-01-26T12:00:00.000Z
- Category: geopolitics · region US · magnitude high
- Page: https://feedsoft.ai/events/9487-carney-says-canada-not-pursuing-free-trade-deal-with-china-as-trump-threatens
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

The threat of 100% US tariffs on Canadian goods raises trade uncertainty for canola and oilseed flows, and could disrupt the recent China reopening. Buyers should price in risk of disrupted Canadian supply.

## Read by commodity

- USDCAD: bullish ▲
- CANMEAL: bullish ▲

## Sources

- cnbc.com: https://www.cnbc.com/2026/01/26/canada-china-trade-deal-tariffs-trump.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.