Mark Carney Warns US Trade Ties Now ‘Weakness’ Amid Tariff Shock
Canada’s prime minister is warning that one of the country’s biggest economic advantages has turned into a risk, as tensions with the United States escalate.
Mark Carney said in a national video address that Canada’s deep economic ties to the U.S. are now a “weakness” that must be corrected, raising concerns about trade stability and long-term growth.
According to the Associated Press, Carney pointed to U.S. tariffs on key Canadian sectors like autos and steel, saying they have created uncertainty and discouraged investment across industries.
The shift comes as relations between Ottawa and Washington grow more strained, with President Donald Trump imposing aggressive trade measures and making controversial comments about Canada’s sovereignty.
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“Many of our former strengths… have become weaknesses,” Carney said in the address.
The warning signals a broader policy pivot, as Canada looks to diversify trade partnerships and reduce reliance on a single dominant partner amid what officials describe as a more unpredictable global economy.
Reuters reported that Carney’s government is now prioritizing new trade deals, increased domestic investment, and expanded energy capacity as part of a strategy to regain economic control.
Further updates are expected as Canada outlines specific steps to rebalance its trade exposure in the coming months.
The shift could redefine one of the world’s closest economic relationships.
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