Carney stands by Davos remarks as Trump threatens tariffs

1 min read
Source: CNBC
Carney stands by Davos remarks as Trump threatens tariffs
Photo: CNBC
TL;DR Summary

Canadian Prime Minister Mark Carney says he meant what he said in Davos, pushing back on Scott Bessent’s claim that he privately walked back his remarks. He confirmed a call with Trump that touched on the Ukraine war, Arctic security, and Canada’s new partnerships, including deals with China. Trump criticized Carney, rescinded Canada's invitation to his “Board of Peace,” and threatened a 100% tariff on Canadian imports if Ottawa strikes a deal with China, while Carney says Canada does not intend to pursue a free-trade deal with China and has been building international partnerships.

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