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Carney calls for new partnership with US as Trump mulls whether to renew free trade agreement
Carney said Canada supplies 99% of U.S. natural gas imports and 60% of crude oil imports while urging closer cooperation in key sectors.
- Prime Minister Mark Carney addressed the Economic Club of New York on Thursday, urging a "true partnership" to re-imagine cooperation in sectors challenged by intense global competition ahead of the July 1 USMCA review deadline.
- Persistent acrimony between the Canadian government and President Donald Trump's administration has strained relations, with Trump's previous trade war and tariff threats creating a challenging environment for bilateral economic integration.
- Canada supplies 99% of U.S. natural gas imports, 85% of electricity, and 60% of crude oil, supporting American energy needs while Carney pushes to increase strategic autonomy and defend sovereign interests.
- Mexican officials announced the start of direct talks with the U.S. on revising the USMCA this week, while Canada has yet to begin formal negotiations and remains absent from current bilateral discussions.
- Facing a July 1 deadline for the mandatory USMCA review, Canada's Minister for U.S. Trade Dominic LeBlanc will travel to Washington next week to initiate critical trade discussions with U.S. counterparts.
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Carney Pitches Canada as Strong Ally to US in New York Speech
Prime Minister Mark Carney told a crowd of New York business leaders that Canada’s efforts to build partnerships with other countries can strengthen its independence and resilience, ultimately making it a more effective ally to the United States. Carney made the comments in a speech to the Economic Club of New York on May 28, making his case for a new relationship between Canada and United States. “This is good for all Canadians, but it is also …
·New York, United States
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Coverage Details
Total News Sources30
Leaning Left9Leaning Right4Center12Last UpdatedBias Distribution48% Center
Bias Distribution
- 48% of the sources are Center
48% Center
L 36%
C 48%
R 16%
Factuality
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