GPS News  
TRADE WARS
Canada abandons free trade talks with China: minister
by Staff Writers
Ottawa (AFP) Sept 18, 2020

Canada has walked away from free trade talks with China amid soured relations over a Huawei executive's arrest and the detention of two Canadians in apparent retaliation, foreign minister Francois-Philippe Champagne said in a newspaper interview Friday.

Talks had stalled more than a year ago.

The decision to quit negotiations aimed at Canada becoming the first G7 nation to sign a free trade pact with the world's second largest economy marks a major policy reversal for Prime Minister Justin Trudeau's government, which had pursued a deal since coming to power.

"I don't see the conditions being present now for these discussions to continue at this time," Champagne said in an interview with the Globe and Mail daily.

"The China of 2020 is not the China of 2016," he said.

His comments represent a hardening tone toward China -- more in line with the United States, Australia and parts of the EU -- after exhaustive diplomatic efforts to soothe ties failed.

Trudeau visited China in September 2016 and weeks later Chinese Premier Li Keqiang travelled to Canada to renew their partnership in dozens of areas, including joint military exercises.

Since then, Beijing's crackdown on its Uighur population and its erosion of Hong Kong's autonomy has upset many liberal democracies, including Canada, which cancelled its extradition treaty with Hong Kong.

Add to this, according to Champagne, Beijing's "arbitrary detention" of former Canadian diplomat Michael Kovrig and businessman Michael Spavor on suspicions of espionage, in response to the December 2018 arrest of telecom giant Huawei's chief financial officer Meng Wanzhou on a US warrant during a stopover in Vancouver.

Meng is wanted for alleged bank fraud and violations of US sanctions against Iran, and has been fighting extradition ever since.

"Our first priority is to get the Michaels back home," Champagne said.

"All of the initiatives and policies that had been put in place at the time (in 2016 with China) -- all that needs to be reviewed," he said, adding that Ottawa is "looking at all of them with the lens of China of 2020."

Despite the tensions, China remains Canada's second largest trading partner after the United States.

In the year to July 2020, Canadian exports to China increased 23.6 percent while imports rose 13.9 percent.


Related Links
Global Trade News


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


TRADE WARS
WTO faults US over Trump's China tariffs
Geneva (AFP) Sept 16, 2020
The World Trade Organization has upheld a complaint by China over additional US duties on some $250 billion of Chinese goods, a decision that sparked outrage in Washington. The Geneva-based body has been caught in the middle of trade tensions between the United States and China, and has faced relentless attacks from President Donald Trump. The tariffs, imposed in 2018, marked the beginning of the trade war between the world's two largest economies. But a panel of experts - set up by WTO's ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

TRADE WARS
China halts imports of German pork after swine fever case

Digitizing supply chains to lift farmers out of poverty

Beyond Meat makes China push with factories near Shanghai

Generation Z isn't all that into lab-grown meat, according to new study

TRADE WARS
U.S., Britain partner on research into sensor information processing

SoftBank Group selling Arm to NVIDIA for up to $40 billion

DARPA Selects Teams to Increase Security of Semiconductor Supply Chain

New technology lets quantum bits hold information for 10,000 times longer than previous record

TRADE WARS
NASA marks continued progress on X-59

Air Force unveils 'e' class of digitally produced planes, weapons

Navy sailors train with Marines for CMV-22B Ospreys

New airship production commences in Israel

TRADE WARS
Uber safety driver in autonomous car charged in 2018 fatality

The first prototype of the futuristic U-Shift vehicle concept makes its debut

Is zero-emission truck maker Nikola the new Tesla, or just hot air?

Uber says will be 'zero emissions' by 2040

TRADE WARS
Asian markets drift as rally stalls, stimulus row dents optimism

Amazon says will hire 100,000 new people across US, Canada

EU pushes for tough curbs on cryptocurrencies

China retail sales return to growth, economic recovery continues

TRADE WARS
Satellite images display changes in the condition of European forests

Why are Brazil's wetlands engulfed in flames

CO2 makes trees live fast and die young: study

Brazil funding flip-flop triggers alarm; Protesters end roadblock

TRADE WARS
NASA monitors carbon monoxide from California wildfires

Emissions pioneer GHGSat secures US$30m in Series B funding

China launches new optical remote-sensing satellite

Machine-learning nanosatellites to monitor global trade

TRADE WARS
Nano particles for healthy tissue

Hybrid nanomaterials hold promise for improved ceramic composites

Scientists open new window into the nanoworld









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.