Canada's Prime Minister Mark Carney has accused the United States of threatening to erase key Canadian industries or force them to become subsidiaries of American companies, during ongoing trade tensions. Carney made the remarks during a media briefing, highlighting concerns over the U.S. Negotiating stance during recent trade talks.
The U.S. Treasury Secretary, Scott Bessent, has previously criticized Carney for rejecting a trade deal with the Trump administration over "political motives." Carney and Trump have exchanged sharp words, with Carney accusing the U.S. Of not taking trade disputes seriously.
Carney emphasized that Canada's economy could suffer if trade disputes become political rather than strategic. He warned that retaliatory measures could harm Canada's economic interests. Meanwhile, public support for Carney has increased following recent trade confrontations with the U.S.
The escalating trade tensions have led to calls for a more strategic approach to negotiations, with Carney urging the U.S. To "start being serious" about resolving disputes.
