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
Fed Officials Speak Out in Force to Back Rate Cut! December Cut Now a Done Deal? Will the FOMC Meeting Be Delayed?TradingKey - San Francisco Federal Reserve President Mary Daly has voiced support for a rate cut at next month's meeting, citing the greater likelihood and harder-to-manage risk of a sudden deteriorat
Author  TradingKey
8 hours ago
TradingKey - San Francisco Federal Reserve President Mary Daly has voiced support for a rate cut at next month's meeting, citing the greater likelihood and harder-to-manage risk of a sudden deteriorat
placeholder
Bitcoin Bleeds to $86K, But This Key Indicator Screams "The Top Isn't In"Bitcoin’s adjusted Spent Output Profit Ratio (aSOPR) has spent nearly two years coiling below the extremes seen at past bull-market peaks, even as BTC trades around $86,300 and down 9% on the week — a setup that leaves open the possibility that this cycle’s true top may still lie ahead.
Author  Mitrade
10 hours ago
Bitcoin’s adjusted Spent Output Profit Ratio (aSOPR) has spent nearly two years coiling below the extremes seen at past bull-market peaks, even as BTC trades around $86,300 and down 9% on the week — a setup that leaves open the possibility that this cycle’s true top may still lie ahead.
placeholder
Gold Price Forecast: XAU/USD rises to near $4,150 as Fed rate cut bets growGold price (XAU/USD) attracts some buyers to around $4,140 during the early Asian session on Tuesday. The precious metal rises on growing expectations of a US Federal Reserve (Fed) interest rate cut in the December policy meeting.
Author  FXStreet
16 hours ago
Gold price (XAU/USD) attracts some buyers to around $4,140 during the early Asian session on Tuesday. The precious metal rises on growing expectations of a US Federal Reserve (Fed) interest rate cut in the December policy meeting.
placeholder
U.S. Q3 Earnings Season Nears Close as Investors Eye Dell, HP Results.U.S. October PCE Price Index Released【The week ahead】TradingKey - Last week, concerns over an AI bubble, coupled with fading expectations for Federal Reserve rate cuts, triggered a broad sell-off in U.S. equities. The tech-heavy Nasdaq Composite (.IXIC.
Author  TradingKey
Yesterday 10: 18
TradingKey - Last week, concerns over an AI bubble, coupled with fading expectations for Federal Reserve rate cuts, triggered a broad sell-off in U.S. equities. The tech-heavy Nasdaq Composite (.IXIC.
placeholder
Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH and XRP Attempt Recovery Post-SelloffBitcoin trades back above $87,700 after a 20% drop, while Ethereum rebounds from support around $2,749 and XRP recovers above $2.08 off its $1.96 floor, as BTC, ETH and XRP all try to turn last week’s steep correction into the start of a broader recovery.
Author  Mitrade
Yesterday 05: 58
Bitcoin trades back above $87,700 after a 20% drop, while Ethereum rebounds from support around $2,749 and XRP recovers above $2.08 off its $1.96 floor, as BTC, ETH and XRP all try to turn last week’s steep correction into the start of a broader recovery.
goTop
quote