(Bloomberg) — Canada won’t allow itself to become a foothold for oversupplied Chinese goods that could pass through to its democratic allies, Finance Minister Chrystia Freeland said.
But she did not commit to following the path of U.S. President Joe Biden, who announced massive tariff hikes against Chinese goods earlier this month. For now, Canada is simply reviewing its trade measures toward China, Freeland said.
“Canada absolutely recognizes that China has an intentional, state-directed economic policy which is leading to overcapacity and oversupply in specific sectors,” Freeland told reporters on Tuesday. She said the Asian country isn’t “playing by the rules” when it comes to steel, aluminum, some critical minerals and metals and manufacturing products.
