Mark Carney Denies Retracting Davos Speech Criticism of Trump

Mark Carney Denies Retracting Davos Speech Criticism of Trump

Mark Carney, the Prime Minister of Canada, firmly rejected claims made by Treasury Secretary Scott Bessent that he had retracted his critical statements regarding U.S. President Donald Trump. The remarks from Carney were made during a news conference in Ottawa, following Bessent’s comments aired on Fox News.

Background of the Controversy

During the World Economic Forum in Davos, Carney conveyed significant concerns about the global implications of U.S. policies under Trump. Although he didn’t mention Trump directly, his message was clear: middle powers should not simply conform to U.S. demands.

Key Points from Carney’s Davos Speech

  • Carney highlighted the need for collaboration among middle powers.
  • He warned of dangers if they fail to defend their own interests.
  • His comments garnered significant attention and were praised globally.

After his speech, Carney received an enthusiastic standing ovation, contrasting sharply with Trump’s lengthy address at the same event. Post-Davos, Trump responded by withdrawing Canada’s invitation to join his “Board of Peace” for Gaza, an initiative Carney had not fully endorsed.

Trade Dynamics and Diplomatic Relations

On the trade front, Carney recently finalized a deal with China that permits limited imports of Chinese electric vehicles at low tariff rates. This agreement comes amidst ongoing tensions, as Canada and the U.S. had jointly imposed a 100% tariff on these vehicles.

Initially, Trump seemed supportive of Carney’s actions, remarking, “That’s OK, that’s what he should be doing.” However, he later threatened to impose tariffs on Canadian exports if Canada continued to negotiate with China.

Recent Discussions with Trump

In a telephone conversation, Carney explained Canada’s position on trade to Trump, highlighting Canada’s initiative of 12 new agreements across four continents within six months. Carney noted that Trump expressed admiration for these efforts.

Moreover, amidst the ongoing dialogue, Canada and India issued a joint statement to enhance trade in oil and natural gas. Carney is set to visit India next month to meet Prime Minister Narendra Modi to further strengthen these ties.

Carney characterized Trump’s latest tariff threats as typical negotiating strategies ahead of the impending reviews of the North American Free Trade Agreement (NAFTA). “The president is a strong negotiator,” he stated, urging a broader perspective on the discussions.

The escalating exchanges between Canada and the U.S. underscore the evolving dynamics of international trade and diplomacy, with Carney positioned as a significant voice advocating for middle power collaboration.