The News
Canadian Prime Minister Mark Carney said Thursday that the country’s old alliance with the US is “over” amid an escalating trade war and US threats to annex Canada.
Carney told reporters that there would be a “broad renegotiation” of Canada’s trade relationship with the US, appearing to refer to the USMCA free trade deal negotiated with Mexico and the US during President Donald Trump’s first term.
The two leaders appeared to strike a more conciliatory tone in a phone call Friday morning: “It was an extremely productive call, we agree on many things,” Trump wrote in a Truth Social post.
The call comes two days after Trump declared new 25% tariffs on foreign car imports, which are set to significantly impact the Canadian automaking industry, as well as US car makers with manufacturing facilities abroad.
“It is clear that the United States is no longer a reliable partner. It is possible that, with comprehensive negotiations, we will be able to restore some trust, but there will be no turning back,” Carney said in comments before his call with Trump, vowing to impose retaliatory tariffs.