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Canada U.S. tensions: Carney denies walking back Davos remarks as Trump floats 100 percent tariffs

Canada U.S. tensions: Carney denies walking back Davos remarks as Trump floats 100 percent tariffs

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Canadian Prime Minister Mark Carney said he did not walk back his Davos remarks on economic coercion, after U.S. Treasury Secretary Scott Bessent claimed Carney had aggressively softened his position in a phone call with U.S. President Donald Trump, according to Reuters.

 

Carney told reporters he meant what he said in Davos, framing his comments as a response to the use of tariffs as leverage, as trade frictions between Ottawa and Washington intensify.

 

Reports said Trump threatened to impose 100 percent tariffs on Canadian imports if Ottawa moved toward a broader trade arrangement with Beijing.

 

Carney emphasized Canada’s push to diversify trade beyond the United States and pointed to the upcoming review of the U.S.-Mexico-Canada Agreement, known as USMCA, as a key file.

 

In parallel, Carney signaled Canada is not pursuing a comprehensive free trade deal with China, as scrutiny grows around Ottawa’s approach to Beijing