Carney calls for new partnership with the US as Trump mulls whether to renew trade deal
AP News • • nation
Key Points:
- Canadian Prime Minister Mark Carney called for a renewed partnership with the United States, emphasizing cooperation in sectors facing global competition ahead of the USMCA review in July.
- Carney highlighted Canada's efforts to diversify trade away from the U.S., aiming to double non-U.S. exports in the next decade to reduce reliance amid U.S. tariffs and trade tensions.
- He stressed Canada's critical role in supplying energy, minerals, and automotive products to the U.S., arguing that integrated North American markets are vital for competing globally.
- Carney proposed practical collaboration measures to the U.S. administration, underscoring that Canada is America's largest customer, buying more goods than China, Japan, and Germany combined.
- Canadian Trade Minister Dominic LeBlanc is set to hold talks in Washington, with concerns that the Trump administration may use annual reviews of the free trade agreement to create uncertainty.