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Tariffs and ‘tough’ on China: what to expect from Canada’s next PM Carney

Former central banker Mark Carney will continue battles with both Beijing and Washington when he takes the helm, analysts say

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Mark Carney won the ruling Liberal Party leadership race on Sunday with 86 per cent of the vote. Photo: Reuters
Confrontation – and a tariff battle – is expected to continue between Beijing and Ottawa when former central banker Mark Carney takes the helm as Canada’s next prime minister, according to analysts.

Carney – who won the ruling Liberal Party leadership race on Sunday with 86 per cent of the vote and will succeed Justin Trudeau as prime minister – will also continue a battle with Washington.

In his victory speech, Carney urged the US to show “respect” to his country amid a trade war with Washington that he vowed to win.

US President Donald Trump last week imposed a 25 per cent tariff on about two-thirds of goods imported from Canada. Ottawa retaliated by slapping duties on US$30 billion worth of American goods.
On Saturday, China also announced tariffs of up to 100 per cent on Canadian food products after it concluded an “anti-discrimination” investigation that was launched in September in response to Ottawa’s tariffs on Chinese electric vehicles.

02:18

Trudeau tells Trump that tariffs are 'very dumb,' says Canada is striking back

Trudeau tells Trump that tariffs are 'very dumb,' says Canada is striking back

The Chinese tariffs were described by Yuyuan Tantian – a social media account affiliated with state broadcaster CCTV – as “a strong warning to some countries” intending to impose duties on China in exchange for exemptions from American tariffs on their own products.

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