Canada pivots from the U.S. after Davos speech by Prime Minister Mark Carney

Canada pivots from the U.S. after Davos speech by Prime Minister Mark Carney — Static01.nyt.com
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At Davos last week, Prime Minister Mark Carney of Canada said “the old order is not coming back” and announced steps to pivot away from an increasingly volatile United States, including a new strategic partnership with China and 12 new trade and security deals, the article says. The speech came after President Trump’s threats over Greenland and a period of tariffs: Mr.

Trump imposed a 25 percent tariff on most goods and raised it to 35 percent last summer, the report says. Canada and the U.S. remain deeply integrated — the countries share an 8,891‑kilometer border, about two in three Canadian exporters sell only to the U.S., and nearly one in 10 Canadians work in industries that depend on American customers.

Carney, who the article says was elected on an anti‑Trump wave, signed a strategic partnership with China just before his Davos speech. Polling after the speech found his approval rating rose eight points to 60 percent. The article notes Canada is negotiating more free trade pacts in Asia and Latin America and has announced a dozen new deals over the last six months.

Some diversification has already occurred: trade with the U.S. was down about 4 percent in the first ten months of 2025 while trade with other markets was up about 13 percent in the same period, the article reports. Canada is exporting natural gas to Asia for the first time, and the share of Canadian oil going to countries other than the U.S.

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