US EditionCanada's Carney aims to lead new global trading order less reliant on US
Mark Carney promotes Canada’s strategy to diversify trade beyond the US, highlighting plurilateral deals and China cooperation as US tariffs reshape global markets.
- Prime Minister Mark Carney has arrived in Davos to give speeches and meet leaders to drum up investment in Canada and promote trade ties beyond the United States.
- Amid sweeping US tariffs under President Donald Trump, Carney says eroding multilateral systems require plurilateral deals between like-minded countries to diversify economic ties.
- Seeking closer cooperation with China, Carney promotes smaller multi-country trade agreements and positions Canada as a bridge between the European Union and Pacific Rim nations.
- Economists warn that reducing dependence on the US requires expanding trade with China and others, while the EU accelerates efforts and Canada still sends nearly 70% of exports to the US.
- Carney's familiarity among financial leaders positions him well at Davos to advance Canada's economic interests and drum up investment, while President Donald Trump's unpredictability could upend the gathering.
30 Articles
30 Articles
According to experts, Canada's presence at the World Economic Forum (GEF) is of particular importance this year, as Prime Minister Mark Carney advocates the expansion of global trade relations and US President Donald Trump's remarks threaten to divert attention from the annual meeting. The Davos conference in Switzerland brings together [...]
Winnipeg Free Press
Carney's pitch at World Economic Forum could set stage for new global partnerships
Breaking News, Sports, Manitoba, Canada
Carney Seeks New Trade Order as Canada Tries to Loosen U.S. Grip
Canadian Prime Minister Mark Carney is pushing an ambitious trade diversification strategy aimed at reducing Canada’s heavy reliance on the United States and positioning the country as a leader in a new, more flexible global trading order. Triggered by U.S. President Donald Trump’s aggressive tariff policy and threats against allies, Carney has accelerated efforts to […] The post Carney Seeks New Trade Order as Canada Tries to Loosen U.S. Grip a…
Canada's Carney aims to lead new global trading order less reliant on US
Canadian Prime Minister Mark Carney is trying to foster a new global trading order by working more closely with China and inking smaller trade deals, but faces constraints from Canada's still overwhelming economic dependency on the United States.
Carney courts investment at World Economic Forum in Davos, Switzerland
Prime Minister Mark Carney arrived in Switzerland on Monday to join the global power elite for the World Economic Forum in the ski resort town of Davos, where he's looking to drum up investment from other countries and corporations.
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