Front Burner Stuck in the middle: Mark Carney in China
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Jan 14, 2026 Veena Nadjibulla, Vice President of Research & Strategy at the Asia Pacific Foundation of Canada, joins to discuss Mark Carney's diplomatic visit to China. She highlights the delicate balance of enhancing trade while navigating U.S. relations. They dive into China's retaliatory tariffs, opportunities for Canadian energy exports, and the risks of green tech investments. Nadjibulla emphasizes the importance of multilateral coordination to counter economic coercion and retains national interests, particularly amidst U.S. unpredictability.
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Visit Framed As Economic Diversification
- Mark Carney's China trip centers on deepening economic ties in energy and agriculture to diversify away from U.S. dependence.
- That agenda must balance huge economic opportunity with political and security complications.
Tariff Moves Must Account For U.S. Links
- Canada can't unilaterally drop EV tariffs without considering integrated North American auto supply chains and U.S. reactions.
- Progress could look like reduced tariffs, a negotiated roadmap, or targeted measures similar to the EU's approach.
Negotiate Roadmaps Not Rush Reversals
- Consider negotiating reductions or roadmaps rather than abrupt 100% reversals on EV tariffs.
- Explore targeted measures like company-specific duties or price floors to address market flooding.