Canadian Prime Minister Mark Carney is selling his country as a reliable trading partner during a trip to Malaysia for the Association of Southeast Asian Nations (ASEAN) Summit. The trip coincides with a threat from U.S. President Donald Trump to raise tariffs on Canada.
Breakdown
- Prime Minister Carney seeks to build new alliances in Asia, meeting with leaders from Vietnam, the Philippines, and Laos.
- U.S. President Trump threatens a 10% tariff hike on Canadian goods following a dispute over a Canadian TV ad. 27s
- Canadian business leaders urge the government to stabilize relations with the U.S. before focusing on new partnerships. 1m 26s
- Canada aims to sign a free trade agreement with Southeast Asian nations by the end of 2026. 2m 0s
- Details of the proposed U.S. tariffs remain unclear, with no official changes announced yet. 2m 28s
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Global Tariffs
Donald Trump has signed an order to impose tariffs imports into the U.S. from countries including China, Mexico and Canada.