Carney to pitch Canada as reliable partner in Asia
Global News
Prime Minister Mark Carney is pitching Canada as a reliable partner for Southeast Asia, committed to rules-based trade as U.S. President Donald Trump rewrites global trade norms.
Prime Minister Mark Carney is pitching Canada as a reliable partner for Southeast Asia, one that’s committed to rules-based trade at a time when U.S. President Donald Trump is rewriting global trade norms.
He’s heading to the Association of Southeast Asian Nations summit, known as ASEAN, seeking to drum up investment into Canada that will help achieve the nation-building plans that formed a central plank of the Liberals’ election platform.
In a speech previewing his government’s first budget, Carney said Wednesday that Canada has set a goal to double exports to markets outside the United States in the next decade, some $300 billion of new trade, as Canada tries to diversify its markets.
About 24 hours after Carney’s speech, Trump abruptly called off trade negotiations with Canada, citing his frustration with an Ontario government anti-tariff ad campaign running on American TV networks.
Trump is set to attend the ASEAN summit this week, but the Prime Minister’s Office said Friday that he and Carney do not have a meeting set.
The president told reporters at the White House Friday night that he had no plans to speak or meet with Carney, and called the Ontario ad “crooked” and “possibly AI.”
Wayne Farmer, the president of the Canada-ASEAN Business Council, said the Canadian government is engaging more with businesses in the region.
“I think ASEAN is very eager to do more with Canada, seeing us as a reliable, stable partner that they can plan to work with,” he said in an interview from Singapore on Wednesday.
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