Carney calls for new US-Canada partnership to ‘help make America great again’
Summary
Canada’s Prime Minister Mark Carney has called for a stronger partnership with the United States to boost cooperation in key industries. He wants to improve the relationship ahead of the review of the North American trade agreement and help both countries compete with other global powers.Key Facts
- Carney spoke in New York about creating a “true partnership” between Canada and the U.S.
- The United States-Mexico-Canada Agreement (USMCA) is up for a mandatory review in July.
- Canada is working to reduce its trade dependence on the U.S. by signing deals with many other countries.
- Carney highlighted that Canada is a major supplier of energy, minerals, and cars to the U.S.
- He said Canadian aluminum exports equal the energy capacity of 10 Hoover dams.
- Canada buys more goods from the U.S. than China, Japan, and Germany combined.
- Carney noted past U.S. tariffs have hurt Canadian industries like steel and aluminum.
- He described U.S.-Canada trade ties as having weaknesses that should be fixed for mutual benefit.
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