Carney: Latest Trump trade moves 'relatively modest'

Canadian Prime Minister Mark Carney has downplayed the impact of the latest U.S. tariffs, calling them "relatively modest" in comparison to previous American trade actions. Speaking to reporters during a Cabinet retreat, he indicated that Canada is currently assessing its response to the new measures. The comments come amid ongoing trade tensions between the two countries, with Canada yet to confirm whether it will implement retaliatory tariffs. The government’s measured approach suggests a cautious evaluation of potential economic repercussions.

Canadian Prime Minister Mark Carney said Thursday that President Trump’s latest round of tariffs is “relatively modest” compared with the United States's past moves.  When talking with reporters at a Cabinet retreat in Banff, Alberta, Carney was asked if Canada was going to retaliate to added U.S. tariffs. Carney said that his government was analyzing...