Canadian PM Carney issues a statement regarding US intention to impose tariffs, says Canada is ready to engage intensively to address issues with the US and says we're ready to talk with the US about modernising the USMCA
Context
Mark Carney's comments signal Canada's willingness to actively engage with the U.S. on trade, particularly regarding tariff issues and modernizing the USMCA. This proactive stance could help alleviate tensions in trade relations, which are crucial for markets sensitive to geopolitical developments. Overall, it may support risk sentiment in the short term, especially for Canadian assets.
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