On January 28, Carney responded to the U.S. Treasury Secretary's remarks, stating that he did not retract his speech given at Davos. Carney said: "What I said at Davos was sincere. Clearly, this is a broader issue, and Canada is the first country to understand the changes in U.S. trade policy that he has initiated."
[Sarcastic] Carney refused to retract his Davos speech; it's not about being tough, but rather Canada's reluctant awakening. From the 35% tariff imposed by the U.S. on Canadian goods in 2025, to Trump's threat to make Canada the "51st state," Canada's economic vulnerability - 75.9% of its exports to the U.S. - has been repeatedly exploited, with the loss of 38,000 manufacturing jobs in Ontario as the cost. Carney openly stated that the U.S. has weaponized economic integration, which precisely reveals the essence of hegemony: Canada once retaliated three times against U.S. tariffs, launching a $60 billion retaliation list, but it couldn't withstand unilateral pressure. Now, he is accelerating trade diversification, signing a CAD 30 billion mineral agreement with China and raising the target for crude oil exports to 10%. The so-called "understanding of U.S. trade changes" is simply a survival strategy for a middle-sized country squeezed between hegemonies!
Original article: toutiao.com/article/1855513189892160/
Statement: This article represents the personal views of the author.