Mark Carney, Prime Minister, Canada

Mark Carney, who took office as Canada’s 24th Prime Minister on March 14, 2025, is passionately opposing the U.S. trade war that President Donald Trump declared. As a former governor of the Bank of Canada and the Bank of England, Carney has put his knowledge of economics to use in helping Canada survive this crisis that he considers the biggest ever seen. He is using tariffs, working towards economic independence, and making it clear Canada is not for sale in the face of Trump’s annexation argues.

According to the report, Carney has suggested applying the same tariffs on U.S. goods as Trump’s 25 percent on Canadian metals and other products. He says the tariffs will not be lifted until Canada gets the respect it deserves in response to Trump suggesting it join the United States as the 51st state. Recognizing that much of Canada’s exports go to America, Carney encourages the country to lessen its economic ties to the United States. He has worked on improving relations with Europe and Asia by meeting people like Emmanuel Macron of France and Keir Starmer from the UK to discuss new partnerships. The Canadian government is contributing to the development of key minerals and infrastructure like oil pipelines, to strengthen their domestic ability and have more variety in their markets.

In his statements, Carney strongly criticized Trump for harming Canadian workers, families, and businesses and argued that he abandoned a once-strong friendship between the two nations. He highlights the risk that if U.S. tariffs are kept on Canadian steel and aluminum imports, the Canadian economy could suffer a recession, just as Ontario’s retaliatory charges for electricity. However, Carney is hopeful, describing the trade war as a chance to improve Canada’s economy and drawing on his experience in managing the financial crisis and Brexit.