Mark Carney becomes new Canadian Prime Minister, vows to meet Trump at the table

Source Fxstreet

Newly-minted Canadian Prime Minister Mark Carney took over the reigns of Canada from now-former Prime Minister Justin Trudeau on Friday morning, and the fresh Canadian leader wasted no time in declaring his intent to meet US President Donald Trump head-on as the Trump administration spools up a messy, global trade war with nearly all of the US's closest trading partners simultaneously.

Key highlights

Mark Carney sworn in as Canada's prime minister, now faces Trump tariffs.

Carney plans visit to France and the UK next week.

Carney: We will create new trade corridors with reliable partners.

 I plan to go to France and the UK.

I hope to have a call with Trump but I don't have a plan to do so.

Election news in coming days and we're seeking strong mandate.

I look forward to speaking with Trump; we understand his agenda.

I'm confident we can find a mutual solution with Trump.

Canada has progressed with Trump, and we will find a solution.

'America is not Canada,' new Prime Minister Mark Carney says in rebuke to Trump.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Bitcoin Surges Toward $72,000 as Crypto Stocks Soar, Strategy Jumps Another 10% Bitcoin price surges toward $72,000, driving a collective rally in crypto concept stocks, with MicroStrategy extending gains by 10%.In pre-market trading on August 20, Eastern Time, Bitco
Author  TradingKey
9 hours ago
Bitcoin price surges toward $72,000, driving a collective rally in crypto concept stocks, with MicroStrategy extending gains by 10%.In pre-market trading on August 20, Eastern Time, Bitco
placeholder
Gold Price Forecast: US Treasury Yield Slump Pushes Gold Above $4,500, Will Gold Keep Rising?As of the Asian session on August 20, gold prices (XAUUSD) surged again today after breaking above $4,500 on Wednesday, reaching a nearly two-month high of $4,527.12 before pulling back i
Author  TradingKey
10 hours ago
As of the Asian session on August 20, gold prices (XAUUSD) surged again today after breaking above $4,500 on Wednesday, reaching a nearly two-month high of $4,527.12 before pulling back i
placeholder
Bitcoin Surges Over 8% Triggering Short Liquidations, Ethereum Jumps 18%: Here's WhyThe cryptocurrency market staged a strong rebound, with Bitcoin (BTCUSD) surging over 8% intraday to approach $70,000, reaching its highest level since early June and recording its larges
Author  TradingKey
13 hours ago
The cryptocurrency market staged a strong rebound, with Bitcoin (BTCUSD) surging over 8% intraday to approach $70,000, reaching its highest level since early June and recording its larges
placeholder
US Treasury Department to buy back more longer-term bondsThe US Treasury Department said on Wednesday that it will buy back more of its longer-term bonds, in an effort to curb a sharp increase in borrowing costs, the Wall Street Journal reported.
Author  FXStreet
18 hours ago
The US Treasury Department said on Wednesday that it will buy back more of its longer-term bonds, in an effort to curb a sharp increase in borrowing costs, the Wall Street Journal reported.
placeholder
Gold Price Forecast: Will Gold Rise or Fall in the Short Term as Fed July Minutes Approach? As of the Asian session on August 19, gold prices (XAUUSD) maintained a weak rebound intraday, rising about 0.2% on the day to trade near $4,340. Earlier on Tuesday, gold prices fell near
Author  TradingKey
Yesterday 08: 56
As of the Asian session on August 19, gold prices (XAUUSD) maintained a weak rebound intraday, rising about 0.2% on the day to trade near $4,340. Earlier on Tuesday, gold prices fell near
goTop
quote