Mark Carney News Updates

President Trump is happy with Canada’s arrangement to allow a capped number of Chinese EVs to be imported at a low tariff rate, Prime Minister Mark Carney said.

The G7 summit comes ahead of the scheduled July 1 review of USMCA. It is a crucial moment in trade talks, and Trump has said  that he may not renew the deal.

Canadian Prime Minister Mark Carney has set a goal to double non-U.S. trade in a decade. 

Analysts say Shell's purchase of Canada’s Arc Resources marks a vote of confidence in Prime Minister Mark Carney’s push to expand the nation’s hydrocarbon exports.

The prime minister cited tariffs and lack of business investment due to "the pall of uncertainty that's hanging over all of us."

The House voted Feb. 11 to slap back President Donald Trump’s tariffs on Canada, a rare rebuke of the White House agenda as Republicans joined Democrats over the objections of GOP leadership.

Canadian residents made 22.9 million visits to the U.S. by car or plane in 2025, compared with 31.9 million the previous year, according to preliminary Statistics Canada data.

Prime Minister Mark Carney said negotiations on sector tariffs are likely to be rolled into next year’s review of the U.S.-Mexico-Canada Agreement. 

Prime Minister Mark Carney’s government will lower the tariff-rate quota level for steel imports from countries with which Canada doesn’t have a trade agreement to 20% from 50%.

Canadian Prime Minister Mark Carney said he told Ontario's premier not to run an anti-tariff advertisement that prompted U.S. President Donald Trump to end trade talks with Canada.