WASHINGTON: US President Donald Trump said Friday he may impose trade tariffs on countries that don&#39;t support his plans to take over Greenland, part of the territory of NATO ally Denmark.&nbsp;&quot;I may put a tariff on countries if they don&#39;t go along with <a href="https://www.pakistantv.com/article/trump-says-us-control-of-greenland-vital-for-air-defense" target="_blank" style="color:#0073e6;" rel="noopener noreferrer">Greenland</a>, because we need Greenland for national security,&quot; Trump said at a health roundtable at the White House.&nbsp;&quot;I may do that,&quot; added Trump.&nbsp;Trump compared the possible Greenland tariffs to those that he threatened on France and Germany last year over the price of pharmaceutical products.&nbsp;The threat is the latest pressure tactic by Republican Trump as he steps up his bid to acquire the autonomous Arctic island, a goal that he has threatened to achieve by military means if necessary.&nbsp;Trump claims the United States needs mineral-rich Greenland and has accused Greenland of not doing enough to ensure its security against rivals Russia and China.&nbsp;European nations have in recent days shown their support for Denmark and Greenland over Trump&#39;s escalating threats, including by sending troops to the strategic territory.&nbsp;A bipartisan US Congress delegation also began a visit to Copenhagen on Friday to voice their backing for Denmark and Greenland.&nbsp;The foreign ministers of Denmark and Greenland visited the White House on Wednesday for talks to defuse the issue but said afterward that they remained in &quot;fundamental disagreement&quot; with Trump.&nbsp;But the United States, Denmark and Greenland had agreed to set up a working group to continue talks every two to three weeks on the issue, the White House said on Thursday.

Americas

President Donald Trump said the United States may impose trade tariffs on countries opposing his plan to take over Greenland, arguing the territory is needed for national security interests today.

Trump says may slap tariffs on nations that don't back his Greenland plans

BEIJING: Canada will allow 49,000 Chinese electric vehicles (EVs) to be imported under new, preferential tariff rates, Prime Minister Mark Carney said Friday, after reaching a trade deal with China&#39;s leader Xi Jinping in Beijing. At a press conference in the Chinese capital, the Canadian PM told reporters that &quot;Canada has agreed to allow up to 49,000 Chinese <a href="https://www.pakistantv.com/article/tesla-sales-slip-as-it-loses-ev-crown-to-chinas-byd-in-2025" target="_blank" style="color:#0073e6;" rel="noopener noreferrer">electric vehicles</a> into the Canadian market, with the most favored nation tariff rate of 6.1%.&quot; &quot;This is a return to the levels that existed prior to recent <a href="https://www.pakistantv.com/article/trump-increasing-tariffs-on-canada-by-10-percent" target="_blank" style="color:#0073e6;" rel="noopener noreferrer">trade frictions</a>.&quot; Reduced tariffs Carney&nbsp;also announced a deal to reduce tariffs on each country&#39;s products. &quot;Canada and China have reached a preliminary but landmark trade agreement to remove trade barriers and reduce, reduce tariffs.&quot; &quot;By March the first, Canada expects that China will lower tariffs on Canadian canola seed. The combined rate of approximately 15% [...] this change represents a significant drop from the current combined tariff levels of 84%.&quot; Visa-free entry China will allow Canadian visitors to enter the country visa-free, Carney stated, as the two nations aim to thaw frosty relations. &quot;I&#39;m very pleased to share that President Xi in our meeting today has committed to ensuring visa-free access for Canadians travelling to China,&quot; he said.

Business

Canada and China reached a preliminary trade deal to cut tariffs on goods and allow visa-free travel for Canadians, easing trade tensions and improving relations.

Articles tagged with "tariffs"

Trump says may slap tariffs on nations that don't back his Greenland plans

Canada to import 49,000 Chinese EVs at preferential tariff rates: PM Carney