None
EN
Tariffs could help China-Canada trade: expert
[]
China Daily > HomePage
As trade disputes continue to brew over tariffs, China and Canada could see an opportunity to enhance trade relations, if the US continues its aggressive behavior against the two countries, according to Canadian economist Paul Ferley.
"We are not imposing tariffs on each other's products, so pricing remains competitive.
Hopefully with Canada or China getting shut out of the US market, it provides incentives to look for markets and enhance the trade between us," he said.
Statistics show that the major product Canada sells to China is lumber, while China sends more machinery to Canada.
Ferley foresees further progress and improvement in trade with China could be shifted to more value added products instead of traditional natural resource-based industries.
['help'
'canada'
'trade'
'provide'
'tariffs'
'canadian'
'demand'
'products'
'markets'
'chinacanada'
'expert'
'opportunities'
'china']