Carney Calls Trump’s Latest Trade Measures ‘Relatively Modest,’ Signals Restraint
- On Thursday in Banff, Canadian Prime Minister Mark Carney indicated Canada may hold off on further retaliation against President Donald Trump's latest trade measures, calling them "relatively modest" compared to earlier actions.
- Washington escalated the trade dispute Tuesday by banning Canadian motorcycles and alcohol, following an August impasse where Trump imposed 50% tariffs on nearly $28 billion in goods, straining the partnership.
- Ministers gathering at a cabinet retreat in Banff are prioritizing domestic procurement to reduce reliance on the United States, including a ban on U.S. goods for contracts over $5 million starting October 1.
- Ontario Premier Doug Ford adopted a confrontational tone Thursday, hoping voters punish Republicans in midterm elections while announcing expanded provincial support programs for affected industries.
- Scotiabank economist Derek Holt suggests the measures appear to be an attempt to "save face" rather than major escalation, while Carney maintains regular contact with the president regarding global developments despite tensions.
69 Articles
69 Articles
US-Canada trade war: Carney expects new tariffs to hurt some businesses, but Ottawa unlikely to retaliate
Days after the US announced new trade measures against Canada, Prime Minister Mark Carney on Thursday said that his government is not planning to retaliate and is instead focusing on strengthening domestic economy.
EADaily, September 11, 2026. Canada's Prime Minister Mark Carney called the new U.S. trade measures "moderately modest," although he recognized them as significant for individual companies and industries, transmitting Bloomberg.
Santa Maria Times
TORONTO (AP) — Canadian Prime Minister Mark Carney said Thursday that Canada could refrain from further reprisals against U.S. President Donald Trump’s most recent trade measures, calling them “relatively modest” compared to previous actions...
Canada still studying Trump's latest trade attack: Carney
Prime Minister Mark Carney says the federal government is still studying the United States' latest tariffs and import bans as it considers whether to adjust its own retaliatory tariffs. Speaking to reporters on Thursday in Banff, Alta., where he is attending a two-day cabinet retreat, the prime mini...
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