Canadian Prime Minister Mark Carney declared on Thursday that the era of close economic and military collaboration with the U.S. has ended, calling for a "fundamental reimagining" of Canada's economy. The statement came hours after U.S. President Donald Trump announced 25% tariffs on imported vehicles, set to take effect next week.
🔥 "Nothing is off the table to defend Canada," Carney emphasized, vowing retaliatory measures that would "have maximum impacts in the United States." Canada's $1.4 billion Strategic Response Fund aims to boost its auto sector and reduce reliance on American trade—a strategy Carney framed as essential for national resilience.
📉 The PM criticized Trump’s policies as destabilizing, stating: "The U.S. is no longer a reliable partner." Despite tentative plans for their first leader-to-leader call, Carney warned there’s "no turning back" from the rupture in cross-border trust.
🌐 Analysts speculate this could accelerate Canada’s push to diversify trade partnerships, particularly in Asia and Europe. Could this trade war reshape North American supply chains? Stay tuned.
