Carney faces ticking clock on Canadian support for tough tactics with Trump
Carney’s government will provide C$7.5 billion in support as pollsters say 76% of Canadians back his stance toward Washington.
- On Saturday, Prime Minister Mark Carney suspended Canada's trade negotiations with the United States, announcing $20 billion in counter-tariffs and a C$7.5 billion support package on Tuesday.
- President Donald Trump's administration introduced last-minute changes to the tentative trade deal, adjusting auto tariffs and curtailing language requirements, prompting Carney to declare, "We are masters in our own house."
- While 76% of Canadians approve of the government's stance, economists warn the dispute could eventually cost 90,000 jobs, and Canada's central bank says a U.S. withdrawal from the U.S.-Mexico-Canada Agreement risks recession.
- Analysts warn that Carney's leverage may diminish as the trade war impacts income and employment, particularly as 40% of Canadians worry their jobs are at risk.
- Seeking to diversify trade partnerships, Carney is strengthening ties with the European Union, emphasizing that Canada and the EU must unite to avoid submitting to a "brutal" international order.
39 Articles
39 Articles
Unlike the leaders of many other countries overrun by Trump with tariffs, Canadian Prime Minister Mark Carney does not make an effort to give in. Despite the economic dependence on the US, Canada is in a stronger position.
We are facing the stalemate after more than a year of bends intended to soften the US President.
The Toronto Star
The Hamilton SpectatorMark Carney walked away from a trade deal with Donald Trump. Here’s how negotiations fell apart
The U.S. president was optimistic but the prime minister was cautious. Behind the scenes, a tentative agreement to end the Canada-U.S. trade war was crumbling during the final three days
Canada Can Weather Latest US Tariffs, Economists Tell Carney’s Finance Chief
Canada’s top economists told the country’s finance minister that the damage from the spiraling trade war with the US should be manageable, potentially bolstering Prime Minister Mark Carney’s case for walking away from the talks.
Howard Lutnick Claims Carney ‘Used’ The US Trade Talks For His Own ‘Political Purposes’
(Saul Loeb/Pool via AP) Commerce Secretary Howard Lutnick claimed Canadian Prime Minister Mark Carney “used” failed trade talks with the United States for his own own political gain before Canada’s upcoming elections. Carney issued a blistering statement after talks broke down over the weekend saying “last-minute changes in the U.S. proposed terms were unfair, uneconomic, and called into question the reliability of any deal.” But Lutnick dispute…
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