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Carney

All articles tagged with #carney

politics10 days ago

Carney gains a Liberal foothold as Conservative MP defects

Canada’s Liberal leader Mark Carney welcomes Edmonton MP Matt Jeneroux, who defected from the Conservatives, as a new special adviser on economic and security partnerships—the latest floor-crossing that narrows the Conservative caucus and advances the Liberals’ path to a potential majority. The defection, following other resignations, underscores Carney’s bid to woo centrist and disaffected voters and diversify trade away from the United States, even as Conservative leader Pierre Poilievre denounces the move. With several seats vacant and by-elections anticipated, a Liberal majority could pass bills without cross-party support, though the party remains three seats short of a true majority.

Carney doubles down on Davos critique after Trump call, denies backtracking
world1 month ago

Carney doubles down on Davos critique after Trump call, denies backtracking

Canadian Prime Minister Mark Carney says he meant what he said in Davos about unconstrained powers and did not walk back his remarks in a call with President Trump, disputing a report by Scott Bessent; the call touched on topics from Ukraine and Venezuela to Arctic security and the USMCA, with Carney stressing Canada understood and was responding to shifts in U.S. trade policy.

world1 month ago

Carney Defends Davos Speech as Trump Pressures Canada-U.S. Trade Shift

Canadian Prime Minister Mark Carney defended his Davos World Economic Forum address urging middle powers to stand up to U.S. hegemony, insisting he meant what he said as Canada recalibrates its trade relationship with the United States under the USMCA and expands overseas ties; Trump publicly rebuked him, suggesting he walked back remarks and threatening tariffs, with Treasury Secretary Scott Bessent saying Carney should pursue Canada’s interests rather than a so-called globalist agenda.

Canada rejects China free-trade deal as Trump threatens tariffs
economy1 month ago

Canada rejects China free-trade deal as Trump threatens tariffs

Canadian Prime Minister Mark Carney says Canada will not pursue a free-trade agreement with China, arguing the Beijing deal only fixes a few tariff issues. Trump has threatened a 100% tariff on Canadian goods if Canada signs a China deal. Canada previously imposed 100% tariffs on Chinese EVs and 25% on steel and aluminum, but recently lowered EV tariffs and set an initial cap on Chinese EV imports (49,000 vehicles per year at 6.1%, rising toward 70,000 per year over five years) in exchange for Chinese investment in Canada’s auto industry, while reaffirming USMCA commitments not to pursue non-market-economy deals.

Trump threatens 100% tariffs on Canada over China deal
world1 month ago

Trump threatens 100% tariffs on Canada over China deal

President Donald Trump warned on social media that Canada could face a 100% tariff on imports if Ottawa proceeds with its China trade deal, intensifying the feud with Governor Mark Carney. Canada had negotiated a deal to lower tariffs on Chinese EVs in exchange for reduced Canadian farm tariffs, though Ottawa says it is not pursuing a free-trade agreement with China. The post underscores broader US-Canada trade frictions and geopolitical maneuvering amid shifting alliances.

policy1 month ago

Carney’s Davos speech rattles US-Canada trade talks

Canadian Prime Minister Mark Carney’s Davos speech advocating unity among smaller nations against economic coercion went viral but drew sharp backlash from the Trump administration, threatening the six-year review of the USMCA and ongoing North American trade negotiations. Washington and Ottawa traded barbs as business leaders warned the spat could undermine the pact, with Trump questioning Canada’s gratitude and U.S. officials signaling a harder stance while Canadian leaders pressed to preserve cross-border supply chains and keep talks alive.

Carney Defends Canada’s Sovereignty After Davos Dig from Trump
world1 month ago

Carney Defends Canada’s Sovereignty After Davos Dig from Trump

Canadian Prime Minister Mark Carney pushed back at Donald Trump’s Davos claim that 'Canada lives because of the United States,' saying Canada thrives on its own values and democracy. He framed Canada as a beacon of pluralism amid rising populism, while Trump revoked Carney’s invitation to join his 'Board of Peace,' highlighting ongoing tensions even as Canada benefits from US trade under USMCA.