Carney Calls US Trade Bans ‘Modest,’ Signals Canada Won’t Retaliate
Canada's Finance Minister Mark Carney described recent US trade bans as 'modest' during a cabinet meeting in Banff, Alberta. He emphasized that while the bans impact individual sectors significantly, they are relatively minor compared to other US measures. Carney indicated Canada will not retaliate but will focus on strengthening its domestic economy and diversifying trade relationships.