Carney hopes trade war with US will make Canada stronger and more resilient
- On Tuesday, Canadian Prime Minister Mark Carney said Canada will wait for the right conditions to resolve its trade war with the United States rather than rush into a deal with Washington.
- Trade talks collapsed last month before Washington imposed 50% tariffs on about $20 billion in Canadian goods, prompting retaliation from Ottawa.
- Ottawa will seek private investment through long-term concessions to operate Canada's four largest airports while retaining public ownership, potentially raising tens of billions for infrastructure.
- Despite high political tensions, Carney noted that about 80% of trade with the United States remains tariff-free, signaling economic leverage to withstand the dispute.
- Carney recounted that President Donald Trump told him "maybe they'll shoot you" regarding United States access, illustrating the volatile environment Canadian officials navigate during negotiations.
21 Articles
21 Articles
Mark Carney says Canada will emerge stronger from US trade war - The Tribune
Canadian Prime Minister Mark Carney stated that Canada aims to emerge from its trade war with the US as a stronger, self-reliant economy. Speaking in Toronto, he emphasised that Ottawa will bide its time for the right conditions before pursuing new trade agreements.
Mark Carney says Canada will emerge stronger from US trade war
Canadian Prime Minister Mark Carney stated that Canada aims to emerge from its trade war with the US as a stronger, self-reliant economy. Speaking in Toronto, he emphasised that Ottawa will bide its time for the right conditions before pursuing new trade agreements.
Carney says ‘nostalgia is not a strategy’ when it comes to the Canada-Trump trade war
The Canadian prime minister never mentioned US President Donald Trump by name
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