Canada's US ties have become a weakness, says Carney
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Canada's US ties have become a weakness, says Carney
"The US has fundamentally changed its approach to trade, raising its tariffs to levels last seen during the Great Depression. Many of our former strengths, based on our close ties to America, have become weaknesses. Weaknesses that we must correct."
"We can't rely on one foreign partner. The US has changed and we must respond. Simply hoping the United States will return to normal is not a feasible strategy."
Canadian Prime Minister Mark Carney stated that the strong economic ties to the US have become weaknesses due to changes in US trade policy, including increased tariffs. He emphasized the need for Canada to adapt and not rely solely on the US as a trading partner. Carney's recent electoral victory is expected to bolster his position in addressing the trade war with the US, especially as Canada prepares to review the US-Mexico-Canada free trade treaty amid US demands for significant changes.
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