{"id":20617,"date":"2025-03-17T22:36:47","date_gmt":"2025-03-17T22:36:47","guid":{"rendered":"https:\/\/financialrush.com\/?p=20617"},"modified":"2025-03-17T22:36:47","modified_gmt":"2025-03-17T22:36:47","slug":"carney-plays-down-prospect-of-major-confrontation-between-canada-and-us","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=20617","title":{"rendered":"Carney plays down prospect of major confrontation between Canada and US"},"content":{"rendered":"<p> \n<\/p>\n<div>\n<p>Unlock the White House Watch newsletter for free<\/p>\n<p class=\"article__content-sign-up-topic-description\">Your guide to what the 2024 US election means for Washington and the world<\/p>\n<p><iframe class=\"article__content-sign-up-iframe close\" scrolling=\"no\" id=\"signUpIframe\" data-prev-url=\"\/register\/in-article-sign-up?ft-content-uuid=39d95e79-260f-42ca-a453-f09eb7cf5c0a&amp;newsletter-id=65b8fec772badb00166eafc6\"><\/iframe><\/div>\n<div id=\"article-body\">\n<p>Mark Carney, Canada\u2019s new prime minister, has dismissed the prospect of a full blown confrontation with the US as \u201cunthinkable\u201d, citing Nato\u2019s doctrine of mutual defence.<\/p>\n<p>Carney, speaking during a whirlwind visit to London and Paris, was asked whether he had won assurances from UK Prime Minister Sir Keir Starmer and French President Emmanuel Macron that they had \u201cCanada\u2019s back\u201d if the US used economic force \u201cor more\u201d to annex its neighbour.<\/p>\n<p>\u201cAll of us are in Nato and all of us respect article 5 of Nato,\u201d he said, referring to the alliance\u2019s doctrine that an armed attack on one member would attract a response from others. The US, Canada, Britain and France are all Nato members.<\/p>\n<p>Asked whether he was disappointed that Starmer had not held a joint press conference to publicly criticise US President Donald Trump\u2019s threats to Canada, Carney replied: \u201cWe can stand up for ourselves.\u201d\u00a0<\/p>\n<p>Speaking during his first foreign trip since becoming Canada\u2019s prime minister, Carney said Trump\u2019s suggestion the US might annex it as a 51st state would \u201chave to stop\u201d before he would be prepared to sit down and talk about future relations.<\/p>\n<p>Trump has announced 25 per cent <a href=\"https:\/\/www.ft.com\/content\/2c473393-35fb-479d-8bba-236a1a98087c\" data-trackable=\"link\">tariffs<\/a> on US imports from Canada, but backtracked this month by temporarily exempting products covered by a free trade agreement between the two countries.<\/p>\n<p>He has also announced additional levies on Canadian aluminium and steel. Canada has retaliated with its own tariffs on US imports. <\/p>\n<p>Carney conceded there were \u201climits\u201d to Canada\u2019s willingness to match US tariffs dollar for dollar, given the relative size of the two economies. <\/p>\n<p>\u201cWe won\u2019t take any action which we don\u2019t think will ultimately influence the US or is outright harmful to Canada,\u201d Carney said. \u201cThere\u2019s a limit, full stop.\u201d<\/p>\n<p>Carney said during his UK trip, which included meeting King Charles at Buckingham Palace, that Canada was \u201cthe most European of non-European countries\u201d. <\/p>\n<p>The King, Canada\u2019s head of state, wore a red tie for the occasion and Carney said of the monarch: \u201cWe have a steadfast defender in our sovereign.\u201d<\/p>\n<p>Downing Street said Starmer had \u201cunderlined that the UK and Canada are the closest of sovereign allies and friends\u201d, in a discreet show of solidarity.<\/p>\n<p>However both Starmer and Macron are anxious to avoid antagonising Trump as they seek to persuade him to provide security guarantees for any peace deal to end Russia\u2019s war in Ukraine. Both leaders also want to avoid further US tariffs.<\/p>\n<p>Carney, who was sworn in as Canada\u2019s prime minister last week, succeeded Justin Trudeau. <\/p>\n<p>The former Bank of England governor faces a set of daunting challenges and must call a general election in Canada before October.<\/p>\n<p>However Trump\u2019s election, and his threats to Canadian sovereignty and imposition of tariffs, has boosted Carney\u2019s Liberal party in the polls, demolishing a previously huge lead for the opposition Conservatives led by Pierre Poilievre. <\/p>\n<p>Britain and Canada have an ongoing trade dispute focused on beef and cheese, but the two countries are working together on security issues, including efforts to secure a peace deal in Ukraine. <\/p>\n<figure class=\"n-content-image n-content-image--full\" data-component=\"image-set\"><picture><source media=\"(min-width: 700px)\" srcset=\"https:\/\/www.ft.com\/__origami\/service\/image\/v2\/images\/raw\/ftcms%3Ae834f9f0-f041-40af-913c-86802c7534ff?source=next-article&amp;fit=scale-down&amp;quality=highest&amp;width=700&amp;dpr=1 1x,https:\/\/www.ft.com\/__origami\/service\/image\/v2\/images\/raw\/ftcms%3Ae834f9f0-f041-40af-913c-86802c7534ff?source=next-article&amp;fit=scale-down&amp;quality=highest&amp;width=700&amp;dpr=2 2x,https:\/\/www.ft.com\/__origami\/service\/image\/v2\/images\/raw\/ftcms%3Ae834f9f0-f041-40af-913c-86802c7534ff?source=next-article&amp;fit=scale-down&amp;quality=highest&amp;width=700&amp;dpr=3 3x\" width=\"2171\" height=\"1447\"\/><\/picture><figcaption class=\"n-content-picture__caption\"><span>Carney met French President Emmanuel Macron in Paris earlier on Monday<\/span><span> <!-- -->\u00a9 Sean Kilpatrick\/The Canadian Press via AP<\/span><\/figcaption><\/figure>\n<p>Earlier on Monday Carney said in Paris that he intends to strengthen Canada\u2019s relations with \u201creliable allies\u201d in Europe.<\/p>\n<p>Macron said France and Canada were \u201cpowers for peace\u201d when it came to the war in Ukraine, and would demand \u201cclear commitments\u201d from Russia ahead of any peace deal.<\/p>\n<p>Xavier Delgado of the Canada Institute at the Wilson Center in Washington DC said Carney\u2019s trip reflected a widely-held view that \u201cthe US today is not a reliable partner and ally\u201d.<\/p>\n<p>\u201cAs this period of tension with the US drags on, expect Canada to expand trade relations with other allies and partners around the world,\u201d he added.\u00a0<\/p>\n<\/div>\n\n<br \/><a href=\"https:\/\/www.ft.com\/content\/39d95e79-260f-42ca-a453-f09eb7cf5c0a\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for&hellip;\n","protected":false},"author":6,"featured_media":20618,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[],"class_list":["post-20617","post","type-post","status-publish","format-standard","has-post-thumbnail","category-us","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/20617","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20617"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/20617\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/20618"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20617"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20617"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20617"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}