Canada's next PM, Mark Carney, vows to win trade war with Trump, emphasizing strategic consultations and economic resilience."
Mark Carney, the front-runner to become Canada’s next Prime Minister, has vowed to take a tough stance against Donald Trump’s proposed tariffs, promising a "serious response" to protect Canadian interests. Carney, a former central banker known for managing economic crises, has stated that he is prepared to retaliate with countermeasures, including dollar-for-dollar tariffs, while also pushing for trade diversification to reduce reliance on the U.S. market
Carney described Trump’s aggressive trade policies as a “wake-up call for Canadians” and emphasized the need for a strategic approach to mitigate economic risks. He has highlighted his extensive experience in global financial leadership as a key asset in handling this challenge, arguing that his background uniquely positions him to navigate complex trade negotiations
While Carney’s firm stance is aimed at safeguarding Canada’s economy, experts warn that a full-scale trade war could have wider economic repercussions, potentially worsening inflation and impacting North American supply chains As the Liberal leadership contest nears its conclusion, Carney is positioning himself as the candidate best equipped to confront Trump’s trade policies head-on
