Carney Hints Tariffs Will Stay, Sees Negotiations Ramping Up

Canadian Prime Minister Mark Carney said he believes trade negotiations with the US will “intensify,” but acknowledged there’s little evidence the Trump administration is willing to cut a deal that would completely drop tariffs.

“We need to recognize that the commercial landscape globally has changed,” Carney told reporters in Ottawa prior to a closed-door meeting of his cabinet on Tuesday. “We will continue to focus on what we can most control, which is building a strong Canadian economy.”