Canadian Support for Carney's Trade Stance May Wane Amid Escalating US Tariffs
Prime Minister Mark Carney has the support of most Canadians after breaking off trade talks with the U.S., but this widespread approval could disappear within months as the consequences of the trade war sink in.
Carney's negotiating position may weaken if Republicans retain power in Congress after November's U.S. midterm elections and reinforce American protectionism under President Donald Trump.
The Canadian government has announced dollar-for-dollar counter-tariffs on $20 billion of U.S. goods, as well as a C$7.5 billion ($5.41 billion) package of economic support measures.
Canada's economy has weathered Trump's tariffs on steel, aluminum, autos, and lumber imports, but economists expect data to show a sharp rebound in Canada's second-quarter economic growth later this week.