Carney Claps Back: ’Canada’s Sovereignty Isn’t a Fire Sale’ as Trump Tests Diplomatic Limits

Mark Carney draws a hard line in the snow—Canada’s economic independence isn’t up for negotiation, no matter who’s waving the checkbook.

Former central banker turned crypto advocate Carney just gave Trump a masterclass in polite defiance. No hostile takeover bids here—just cold, hard sovereignty.

Funny how billionaires suddenly remember national borders exist when there’s a resource play involved. Meanwhile, Bitcoin keeps bypassing all this geopolitical theater—decentralization wins again.

Carney challenges Trump on tariffs and trade

The exchange of territory was not the only thing on the table. Carney challenged Trump’s overlong-running trade disputes, including US tariffs on Canadian steel, lumber, and cars.

Canada is protesting that the tariffs would be illegal under the existing free-trade agreement — the same pact Trump vowed to scrap shortly after taking office. Carney urged them to back off, regretting the damage to Canadian businesses and jobs.

However, Trump refused, insisting that the US does not need products from Canada. He said the country is building several steel industries, and the tariffs will soon make sense to Americans.

Analysts say the crisis could be costly for both economies. Canadian manufacturers are already cutting back, and some American companies are getting pinched by the higher prices.

Canadians stand firm against the US annexation idea

In Canada, Trump’s annexation comments sent a shudder of dismay. Criticism was swift on social media. Canadian politicians of all stripes quickly criticized the proposal. A public opinion poll released yesterday shows that more than 85% of Canadians would be against any suggestion to become part of the US.

Carney later released a short statement, saying that he believes in strong relations with the US — but on equal footing.

The two shook hands to close the meeting, but that doesn’t mean tension has subsided.

The two sides agreed to continue discussing a trade deal, but no new deals were announced. Analysts said the divide will likely grow in the months ahead, especially as the US election season heats up.

But Carney’s tough talk is winning applause at home. Many Canadians consider his strong words a much-needed contrast to Trump’s escalating aggressiveness.

The two leaders were cordial but cautious, leaving observers unsure if this was just a dramatic moment or the start of a prolonged standoff.

Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot