Mark Carney

We are in the midst of a rupture, not a transition.

Why are you responding to Trump's threats of 100% tariffs?

Well, the first thing is that Canada respects our commitments.

We have commitments under CUSMA not to pursue free trade agreements with non-market economies without prior notification.

We have no intention.

of doing that with China or any other non-market economy.

What we've done with China is to rectify some issues that developed in the last couple of years.

In many respects, we're going to use the expression back to the future with respect to EVs, with respect to agriculture, with respect to fish products and other food products, but with additional protections.

So for example, back in 2023, we didn't have a cap.

on the number of EVs.

We didn't have a requirement for a large proportion of those EVs to be affordable, highly affordable EVs for Canadians.

So it's entirely consistent with KUSMA, with our obligations, which we very much respect.

on this new reporting that we just heard from our Kristen Holmes at the White House that President Trump is frustrated with the messaging around his immigration efforts and wants to change the narrative.

How do you see it?

You're joking.

Yes, sir.

We are in the midst of a rupture, not a transition.

Great powers have begun using economic integration as weapons.

Tariffs as leverage.

Financial infrastructure as coercion.