In a dramatic twist in the trade arena, Canadian Prime Minister Mark Carney declared that the old relationship with the United States is now history. This announcement comes right after U.S. President Donald Trump imposed a steep 25-percent tariff on all imported vehicles.
"We must fundamentally reimagine our economy," Carney stated, outlining a future where Canada takes control of its destiny. In response to the auto tariffs, Canada will launch retaliatory trade actions designed to impact the U.S. significantly while keeping effects on Canada to a minimum.
Adding fuel to the fire, Carney introduced a strategic response fund valued at 2 billion Canadian dollars, aimed at strengthening Canada’s domestic auto sector 🚗💥. "When President Trump threatens us again, we will fight back with everything we have to get the best deal for Canada," he vowed.
This bold move signals a clear end to an era of deep economic integration and tight security cooperation. Canada now aims to diversify its trade and build a robust, self-reliant economy, leaving behind old ties in favor of a future full of new opportunities.
Reference(s):
cgtn.com
