Canadian PM Mark Carney calls close trade ties to U.S. a 'weakness'

Canadian Prime Minister Mark Carney said his country's historically close trade and economic ties to the United States have become a 'weakness' due to steep tariffs imposed by the U.S. President. The U.S. has imposed a 10% tariff on all Canadian goods not excluded under the Canada-US-Mexico free trade agreement, with higher levies on key sectors such as steel and aluminum. Ottawa says the effect of these measures has been profound, displacing workers and disrupting supply chains. Carney's government has made a deal with China to lower tariffs on some trade goods, which was denounced by the U.S. President. Carney emphasized the need for Canada to build its strength at home and form new partnerships abroad to take back control of its security, borders, and future. Canada will attract new investment and strike new partnerships to sell into new markets.