US President Donald Trump on Friday slammed Canada for rejecting his proposed "Golden Dome" missile defence project over Greenland, warning that Beijing could "eat them up" within a year as the northern neighbour chooses closer ties with China over US-backed security. On Truth Social, Trump wrote, "Canada is against The Golden Dome being built over Greenland, even though The Golden Dome would protect Canada. Instead, they voted in favour of doing business with China, who will 'eat them up' within the first year!" Trump's outburst comes amid escalating tensions between the US and its northern neighbour, following recent remarks by Canadian Prime Minister Mark Carney at the World Economic Forum (WEF) in Davos. Carney said,now is the time to fight for our values.
In a post on X, Carney said, "We've secured a new trade agreement with China -- unlocking more than $7 billion in export markets for Canadian workers and businesses." In a statement by the Canadian Prime Minister's Office said, "In a more divided and uncertain world, Canada is building a stronger, more independent, and more resilient economy. To that end, Canada's new government is working with urgency and determination to diversify trade partnerships and catalyse massive new levels of investment. As the world's second-largest economy, China presents enormous opportunities for Canada in this mission." Canada has agreed to cut its 100 per cent tariff on Chinese electric cars in return for lower tariffs on Canadian farm products, CBS News reported.
Carney said there would be an initial annual cap of 49,000 vehicles on Chinese EV exports to Canada, growing to about 70,000 over five years. China will reduce its total tariff on canola seeds, a major Canadian export, from 84 per cent to about 15 per cent, as per CBS News. Carney said China has become a more predictable partner to deal with than the US.
Newsinc24 Team





Related Items
Satwiksairaj-Chirag clinch maiden China Masters title
Mudslide kills 1, leaves 11 missing in China after heavy rain
Nepal: Death toll reaches 781, China: 261 foreign nationals missing