Carney Downplays Trump's Trade Measures
Canadian Prime Minister Mark Carney has signaled that Canada may hold off on further retaliation against US President Donald Trump's latest trade measures, calling them 'relatively modest' compared to earlier US actions.
The comments came after Washington escalated the ongoing trade dispute by banning some Canadian dairy products and motorcycles, as well as most alcoholic beverages, in response to Canadian retaliatory tariffs that took effect two days prior.
Carney noted that while the measures could have significant consequences for individual companies and industries, they were relatively minor compared to previous US actions. He also acknowledged that Canada was still studying the measures and had not ruled out further retaliation, but emphasized the importance of strengthening Canada's economy rather than simply responding to each new move from Trump.
Carney remains in regular contact with Trump, discussing global developments such as Ukraine and Iran, despite the deepening trade dispute between their countries. He left the door open for renewed negotiations, stating that Canada was ready to return to the table if talks were conducted professionally and respected Canadian sovereignty.