The frontrunner to be Canada’s next prime minister Mark Carney has made it clear that his country won’t be bullied by Donald Trump.
Mr. Mark expressed these views in an exclusive chat with BBC Newsnight.
The 59-year-old former Bank of England governor warned his country is “going to stand up to a bully,” apparently referencing the newly elected US President.
Brief Context
The U.S. president just slapped Canada with a hefty 25% tariff on imports.
This isn’t Trump’s first trade war with Canada. Back in 2020, his administration reworked NAFTA into the USMCA—now, just a few years later, he’s effectively tearing it up again.
Canada isn’t the only target; Mexico is also facing a 25% tariff, while China is hit with 10%.
How Can Canada Respond?
Experts suggest that Canada could unleash the fury of its most lethal weapon in response, energy!
Canadian exports including electricity and crude oil can come in handy to Canada’s leadership if Trump goes on to impose tariffs on its imports.
