Bessent sees Canada’s Carney making ‘about-face’ on China trade

    (Bloomberg) — Treasury Secretary Scott Bessent suggested that Prime Minister Mark Carney did an “about-face” by striking a deal with China to lower some trade barriers, reinforcing President Donald Trump’s latest tariff threat against Canada. “The Canadians a few months ago joined the US in putting high steel tariffs on China because the Chinese are…

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    China’s Xi Jinping makes case for free trade as supply chain expo opens

    China’s Xi Jinping makes case for free trade as supply chain expo opens

    President Xi Jinping has spoken out against unilateral sanctions and trade barriers – reiterating China’s support for globalisation as the international economic environment turns more protectionist – in an article published on the opening day of a high-profile supply chain expo. Wednesday’s piece in Qiushi – the leading theoretical journal of the ruling Communist Party…

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