Lake Ontario, Trump and Carney
Digest more
Trump, Canada
Digest more
Carney’s transformation from policy wonk to prime minister owes much to Trump and his tariffs. But the biggest source of Carney’s political strength may become his undoing.
Carney holds the stronger public position as Washington and Ottawa impose new tariffs and economic risks mount on both sides.
Canada’s prime minister walked away from what he thought was a bad trade deal with the United States. Many Canadians are behind him, but it will be costly.
The Canadian prime minister has shown what it looks like to negotiate with a more powerful counterpart.
Canadian Prime Minister Mark Carney will address the European Parliament next month, a high-profile visit that underscores Canada’s push to deepen ties with Europe after a sharp break with U.S. President Donald Trump as their trade war escalates.
Despite the David and Goliath mismatch between the two economies, CNN data guru Harry Enten revealed Thursday that Carney is riding high at home while Trump’s approval rating has plunged 21 points underwater. “Mark Carney is winning,” Enten said. “Two thumbs up, that’s what Canadian folks are giving Mark Carney.”
The prime minister is one of the few global leaders to retaliate against U.S. tariffs, despite Canada’s dependence on U.S. buyers for about 70% of its exports.
Canada has pledged to roll out “dollar for dollar” counter-tariffs on scores of U.S. goods next month, in response to President Donald Trump’s latest import taxes that have plunged the North American neighbors deeper into a bitter trade war.