Can Mark Carney, Canada’s New Leader, Take on Trump and His Tariffs?

MT HANNACH
9 Min Read
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Mark Carney, The First Prime Minister of Canadaresisted two implosions defining the era in his career as a central banker: the 2008 global financial crisis and Brexit.

He treated political chaos, societal upheavals and economic collapse.

Now he faces what is probably the challenge of a life: Donald J. Trump.

Can M. Carney negotiate with Mr. Trump on prices and other combustible problems and find room for compromise, while trying to win federal elections on a fully throat anti-top platform?

Mr. Carney was Elected Sunday As the leader of the Liberal Party and, in accordance with the Canada’s parliamentary political system, will be sworn in as Prime Minister, marking the end of the Justin Trudeau era.

His speech of acceptance was barely festive. Instead, it was more a war cry.

“America is not Canada, and Canada will never be part of America in any way, a form or a form,” he told the festive on Sunday evening in Ottawa, referring to Mr. Trump’s threats to make Canada on the 51st state.

“We did not ask for this fight, but the Canadians are always ready when someone else drops the gloves.”

A greater battle is looming

Mr. Carney’s fighting words have triggered the public and exploited a deep anger felt through the country towards Mr. Trump, his decision to impose prices on Canadian property and the danger he saw representing in Canada and his prosperity.

The former governor of the Bank of Canada and the Bank of England, 59, presents himself as the man that Canada needs at the moment.

Mr. Carney’s field to Canadians is that his history in finance and his experience dealing with enormous world challenges and working with powerful personalities have prepared him to be an expert, stable and seasoned in the country while he sails in a crisis of his relationship with the United States.

“Everything in my life prepared for this moment,” he said on Sunday.

His party clearly believes it. On Sunday, in the race for management, the members rallied behind him, giving him a resounding victory. He won 85% of the vote.

It is a rapid rise at the head of the country for a man who spent a large part of his career in high -level but not elected roles, mainly outside his nation of origin.

Her next battle will come quickly, and she will be greater and more difficult than the electoral campaign he has just won.

Mr. Carney is likely to soon call the federal elections because he does not hold a seat in Parliament and his party has only a minority number of seats in the House of Commons.

By the day of the ballot, which could be a few weeks old, according to three people familiar with the thought of Mr. Carney, he will try to carry out a difficult balancing act to try to win the federal elections. People did not want to be identified by publicly speaking of Mr. Carney’s plans.

He will charge Mr. Trump at the heart of his campaign while negotiating with the American president on prices and other requests, such as access to protected markets such as dairy products and the drop in taxes on American products sold in Canada.

And he will try to convince the Canadians to look carefully that he can do both.

Superb upheaval

Mr. Trudeau’s decision to resign and the aggressive rhetoric and Mr. Trump’s policies gave Mr. Carney an unexpected opening. In January, the Conservative Party, led by Pierre Hairy, solidified an advance of more than 20 percentage points on the Liberals of the Urns, with many voters frustrated by the stewardship of Mr. Trudeau.

But this gap is quickly reduced. The ascent of Mr. Carney seems to have been turbocharged by the fact that many Canadians are looking for an economy expert rather than a politician.

Mr. Hairy, understood the political power of Mr. Trump’s threats to Canadians and began to promote himself as anti-Trump, even if many supporters of Trump also like Mr. Hairyvre and the two men have ideological affiliations.

“The plan of Pierre Hairy will leave us divided and ready to be won over,” said Carney on Sunday. “Because a person who loves the altar of Donald Trump will kneel before him, will not hold his head.”

Last week, several surveys showed that the Liberals under M. Carney could bond with or even overcome the conservatives of Mr. Hairyvre.

Darrell BRICKER, a experienced sounder, researcher and chief executive officer of Ipsos Global – Public Affairs, a research company for opinion and advice, said that he had never seen such a raw and rapid political change in the world.

The election is to be won, added Mr. Brcker, and Mr. Carney’s challenge will be to avoid trying to be something that he is not: a politician.

“In fact, the act of governing is the campaign of Carney,” said Mr. Bricker. “His proposal is” I am the man who can manage in crisis. We are in crisis, let me show you how I manage it. »»

A restart with Trump?

Governine inevitably means dealing with Mr. Trump. The United States has imposed prices on Canadian products, while others are on a stay until early April. The next step is 25% of Canadian steel and aluminum export prices to the United States that should come into force on Wednesday.

The financial markets are in the tower in the middle of uncertainty, damaging the economy of Canada.

Trump, in conversations with Mr. Trudeau, clearly said that his list of economic grievances is long and includes industries such as dairy and banks, where the United States is facing obstacles to competition in Canada.

Trump and his advisers also raised problems that have cut Canada’s sovereignty at the very heart, in particular by revising a border treaty and water sharing agreements between the two nations.

The collection of threats is equivalent at a time to the watershed for Canada.

“Donald Trump has put unjustified prices on what we build, on what we sell, on how we earn our lives,” said Carney on Sunday. “He attacks Canadian workers, families and businesses. We cannot let him succeed.

Carney offered an overview of what he plans to do by dealing with Mr. Trump, and this includes the imposing reprisal rates on American products and the use of the product to support workers and Canadian companies injured by the rupture in the relationship.

But he also said that he wanted to start negotiating “a free and fair trade” between the two nations.

Trump and Mr. Trudeau had a bad relationship in Mr. Trump’s first term, who has only worsened in recent weeks.

The supporters and advisers of Mr. Carney hope that he can restart the dynamics with Mr. Trump and establish better chemistry for Canada.

Although this does not change Mr. Trump’s agenda, it could put Canada on a different foot while he tries to protect his economy and sovereignty.

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