Carney Shoots Down Oil Leverage Plan in Trade War

Canadian Prime Minister Mark Carney has downplayed the idea of using oil supplies as leverage in the ongoing trade war between Canada and the US. The move comes after President Donald Trump threatened to impose further tariffs on Canadian goods, including oil.

Last week, Carney said he and Trump had agreed to intensify trade negotiations, but all options were still on the table if the US proceeded with its latest tariff threat. However, when questioned about potentially using oil as a bargaining chip, Carney dismissed the idea, citing Canada's reputation for being a reliable supplier.

'Being a reliable supplier is important,' Carney said. 'Canadians are reliable. Canadians can be trusted... we have many exports and commodities. One of the biggest commodities, arguably the best, is trust.' He emphasized that people trust Canada as a supplier, and therefore, they should not consider withholding oil supplies.

The province of Alberta, which supplies most of the oil sent to the US, has also stated its opposition to any action that would curb exports or impose export duties on oil.