Canada PM Carney: Trump comments will need to stop before talks can begin

Source Fxstreet

Newly-minted Canadian Prime Minister Mark Carney has hit the ground running on anti-Trump rhetoric as the new Canadian PM gears up to announce a national election in the coming days, and capitalize on Trump tensions that have sewered the US President's approval ratings amongst consumers and voters in recent weeks.

PM Carney specifically noted that Donald Trump's slanderous comments about Canada becoming a state and continuing to refer to the Canadian Prime Minister as "Governor" will need to be rectified. PM Carney added further fuel to the fire meant to get under Trump's skin by extending a formal invitation to the President of Ukraine Volodymyr Zelenskyy to the upcoming G7 meeting, to be hosted by Canada in June.

Canadian PM Carney also noted that Canada is toying with canceling its standing orders for US-produced F-35 fighter planes, noting that Canada has the manufacturing and technology capabilities to produce its own version of the modern-era warplane.

Key highlights

I invited Ukraine’s President Zelenskiy to June G7 summit in Canada.

We're not trying to organize a coordinated retaliation against US tariffs.

We want a more comprehensive discussion and negotiation of our overall commercial and security relationship with the US.

Trump's comments about Canada will need to stop before bilateral discussions can begin.

 

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
WTI Crude Oil Price Forecast: US-Iran Conflict Reignites, Will a New Round of Oil Price Rises Begin? As of the Asian session on July 9, after WTI ( USOIL) crude oil prices rebounded sharply for two consecutive trading days, oil prices hovered and adjusted around $73.30 today. From the te
Author  TradingKey
11 hours ago
As of the Asian session on July 9, after WTI ( USOIL) crude oil prices rebounded sharply for two consecutive trading days, oil prices hovered and adjusted around $73.30 today. From the te
placeholder
British Pound strengthens to near 1.3400 as UK political risk fades The GBP/USD pair gathers strength near 1.3395 during the Asian trading hours on Thursday, bolstered by fading domestic political uncertainty.
Author  FXStreet
18 hours ago
The GBP/USD pair gathers strength near 1.3395 during the Asian trading hours on Thursday, bolstered by fading domestic political uncertainty.
placeholder
Gold declines as Trump scraps Iran memorandum, markets await Fed minutesGold (XAU/USD) trades around $4,050 on Wednesday, down 1.40% on the day at the time of writing, as investors favor the US Dollar (USD) following a fresh deterioration in tensions between the United States (US) and Iran.
Author  FXStreet
Yesterday 10: 13
Gold (XAU/USD) trades around $4,050 on Wednesday, down 1.40% on the day at the time of writing, as investors favor the US Dollar (USD) following a fresh deterioration in tensions between the United States (US) and Iran.
placeholder
WTI Crude Oil Price Forecast: US-Iran Situation Worsens, Oil Prices Expected to Rise to $80 As of the Asian session on July 8, WTI ( USOIL) crude oil prices rose to around $72, rebounding significantly from previous trading sessions. From a technical perspective, oil prices had
Author  TradingKey
Yesterday 10: 10
As of the Asian session on July 8, WTI ( USOIL) crude oil prices rose to around $72, rebounding significantly from previous trading sessions. From a technical perspective, oil prices had
placeholder
Trump Says US-Iran Temporary Ceasefire Agreement Has Ended, WTI Crude Oil Rises Over 6%US President Trump stated at the NATO annual summit on July 8 that he believes the US-Iran memorandum of understanding is "over." This means the temporary ceasefire state between the two
Author  TradingKey
Yesterday 10: 08
US President Trump stated at the NATO annual summit on July 8 that he believes the US-Iran memorandum of understanding is "over." This means the temporary ceasefire state between the two
goTop
quote