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
Copper Price Forecast: Tight Supply Pushes Price Above $14,000, Can Copper Reach $15,000?As of the European session on August 14, international spot copper prices (COPPER) continued to fluctuate near historical highs, trading around $14,070, down slightly by 0.3% intraday. De
Author  TradingKey
13 hours ago
As of the European session on August 14, international spot copper prices (COPPER) continued to fluctuate near historical highs, trading around $14,070, down slightly by 0.3% intraday. De
placeholder
WTI remains below $80.50 as traders monitor diplomatic efforts to reopen HormuzWest Texas Intermediate (WTI) oil price remains subdued for the third successive day, trading around $80.30 per barrel during the Asian hours on Friday. Crude oil prices edge lower as investors adopt a wait-and-see approach, closely monitoring diplomatic attempts to reopen the Strait of Hormuz.
Author  FXStreet
22 hours ago
West Texas Intermediate (WTI) oil price remains subdued for the third successive day, trading around $80.30 per barrel during the Asian hours on Friday. Crude oil prices edge lower as investors adopt a wait-and-see approach, closely monitoring diplomatic attempts to reopen the Strait of Hormuz.
placeholder
Forex Today: US Dollar stabilizes ahead of next batch of US dataHere is what you need to know on Thursday, August 13:
Author  FXStreet
Yesterday 09: 59
Here is what you need to know on Thursday, August 13:
placeholder
WTI declines below $82.50 as oil inventories rise far more than expectedWest Texas Intermediate (WTI), the US crude oil benchmark, is trading around $82.45 during the early Asian trading hours on Thursday. WTI declines on a larger-than-expected build in US crude oil inventories. Traders will closely monitor the developments surrounding US-Iran talks for fresh impetus. 
Author  FXStreet
Yesterday 01: 24
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $82.45 during the early Asian trading hours on Thursday. WTI declines on a larger-than-expected build in US crude oil inventories. Traders will closely monitor the developments surrounding US-Iran talks for fresh impetus. 
placeholder
Gold Price Forecast: Can Gold Keep Rising After Reclaiming $4,400 as Markets Await Upcoming CPI Data?During Wednesday's Asian trading session, spot gold (XAUUSD) extended its rebound, reclaiming $4,400/oz. As of 11:08 Beijing time on August 12, spot gold was trading at $4,414.705/oz, up
Author  TradingKey
Aug 12, Wed
During Wednesday's Asian trading session, spot gold (XAUUSD) extended its rebound, reclaiming $4,400/oz. As of 11:08 Beijing time on August 12, spot gold was trading at $4,414.705/oz, up
goTop
quote