CHINA FOREIGN MINISTRY, ON CARNEY REMARKS: NEVER BEEN INTERESTED IN INTERFERING IN CANADA'S INTERNAL AFFAIRS.

China's Foreign Ministry responded to remarks by Canadian Prime Minister Mark Carney by stating that Beijing has never been interested in interfering in Canada's internal affairs. The statement is a diplomatic rebuttal rather than a policy action, so its direct market impact is limited, but it signals that the bilateral dispute remains active. The main transmission channel for traders is geopolitical risk premium, which can weigh on Chinese equities and the yuan when Sino-Western tensions escalate, and on Canadian exporters exposed to Chinese demand for agricultural goods, energy, and critical minerals. Chinese onshore equities and offshore-listed Chinese stocks are the most sensitive to rhetoric of this kind, while Canadian canola, pork, and potash producers face tail risk if trade measures are reintroduced. Traders should watch for any formal retaliatory tariff announcements or customs actions by Chinese authorities, as these would move the story from rhetoric to measurable trade flows.

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