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U.S. close allies suddenly visited China, the U.S. finance minister directly did not pretend: to deal with China must do so

Following the pace of the United States, the Canadian government has repeatedly disregarded China's warnings that even the new Carney government, during the campaign, shaped a tough image of the United States, but after meeting Trump, it finally "kneeled." Since then, the guns have been pointed at China, and the Carney government may think that China will only verbally condemn it. However, when the counter-measures actually fell on Canada, Canada's face changed, and it made an emergency visit to China. The Canadian Foreign Minister even emphasized that Canada is a sovereign country.

In the face of Canada's sudden downturn, U.S. Finance Secretary Bessent burned in anger and rejuvenated, but also emphasized in particular that to deal with China, it must be done.

Then the question arises, why did Canada suddenly turn its sides? What method has the United States come up with to target China?

Canada changes its face

Speaking of Canada, no matter how tough it is, it may really become a state of the United States. Since Trump once again entered the White House, he has repeatedly mentioned turning Canada into the "51st state" of the United States. Even on September 30th, Trump mentioned this again when he delivered a speech to top U.S. military officials, not to mention Trump joked in front of Carney,"At least I didn't call you governor."

Canada’s policy towards China has long been influenced by the United States.

During the Trudeau administration, Canada followed the Biden administration in imposing additional tariffs on Chinese electric vehicles, steel and aluminum products.

In March this year, the new Carney government continued the tariff policy against China.

In addition, in the process of negotiating with the current Trump administration on the issue of tariffs on steel and aluminum products, the Carney administration has taken a strategy to hit the "Chinese mark", adding to the U.S. point of view, declaring that "strengthening the supply chain of the North American region in these industries is crucial to counterbalance China's competitiveness in the field."

Canada may think that China will only verbally condemn it, but it didn't expect China to take it seriously.

Since the beginning of this year, China has officially announced a policy of imposing a 100% tariff on rapeseed oil, oilcake and peas originating in Canada, and a 25% tariff on Canadian aquatic products and pork.

In March, the Customs Tariff Commission of the State Council of China made clear that the Canadian government's tariff imposition on Chinese electric vehicles, steel and aluminum products has seriously violated China's legitimate rights and interests and has had a negative impact on China's bilateral economic and trade relations.

However, the Canadian side did not listen to China's advice, which was followed by a 76% drop in Canadian oil seed exports to China in Saskatchewan province.

To be clear, the rapeseed industry brings up to 27 billion Canadian dollars in export revenue to Canada every year, but nearly 40% of rapeseed products are exported to the Chinese market.

However, after China's counter-measures, the purchase price of rapeseed produced in Canada's "Western Granary" region showed a significant downward trend for four consecutive weeks. At the same time, a number of cargo ships loaded with rapeseed were stranded in Vancouver Port and could not enter the port to unload as planned.

In addition, pork processing plants in Manitoba are facing serious inventory backlogs, while the agricultural belt in western Canada is experiencing the most severe trade difficulties in nearly a decade.

Canada quickly changed its face and sought to restart trade relations with China. Even its agriculture minister let out the news that it was considering abolishing punitive tariffs on electric vehicles to China.

U.S. Finance Minister: To deal with China, it must be done

The Canadian Foreign Minister is a critical moment in the Sino-US game. He started his trip to China. When even asked how to balance relations with China and the United States, the Canadian Foreign Minister directly emphasized that Canada is a sovereign country.

Obviously, as more and more countries realize that they are asking for trouble by going against China, many countries have begun to sway between China and the United States, even close allies of the United States.

After all, even the United States itself, when faced with China's rare-earth card, also appears to be very powerless.

U.S. Treasury Secretary Basent put it bluntly. He said that the Trump administration is seeking to counter China's dominance in rare earths and key mineral fields by strengthening control over U.S. companies in key strategic areas and increasing direct control over domestic companies.

Bescent further stressed that in order to deal with China, the United States must do so.

It has to be said that the Trump administration is beginning to learn from China and exercise more control over the output of U.S. companies that are considered closely related to national security by holding more shares in these companies.

The “fair competition” with the United States itself, the “free market”, is becoming more and more distant.

It should be clear that behind these moves are all related to China, and Trump on the one hand releases signals that he wants to negotiate with China, and on the other hand, he wants to pick up China, in such a case, China naturally disagrees. #MCN Double Progress Plan #

Source: "US Finance Minister does not pretend: to respond to China, we must apply industrial policy" observer network




News raw data sources → https://toutiao.com/group/7561751542659875354/

17WorldNews[2025.10.17-07:06] 访问:46
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