Account

The Actual News

Just the Facts, from multiple news sources.

Carney says he told Trump 'I meant what I said' in his Davos speech on trade policy

Carney says he told Trump 'I meant what I said' in his Davos speech on trade policy

Summary

Canadian Prime Minister Mark Carney told President Donald Trump that Canada intends to pursue new trade agreements with other countries. This is part of Canada's plan to reduce reliance on the United States for trade. During a recent speech in Davos, Carney highlighted the need for countries to work together to counter U.S. policies under Trump.

Key Facts

  • Mark Carney is the Prime Minister of Canada.
  • Carney told President Trump that Canada plans to engage in 12 new trade deals across four continents.
  • The conversation between Carney and Trump lasted half an hour and included discussions on trade and global issues like Ukraine and Arctic security.
  • Trump had threatened a 100% tariff on Canadian goods over trade disagreements.
  • Carney's statements in Davos suggested middle-power countries should unite against larger powers' economic coercion.
  • Trump has made comments about acquiring Greenland and has previously mentioned making Canada the 51st U.S. state.
  • The United States makes up over 75% of Canada’s export market.
  • Canada aims to double its non-U.S. exports within the next decade to diversify its trade relations.

Source Information