U.S. Commerce Secretary Howard Lutnick dismisses Mark Carney’s Davos speech and warns Canada that its China deal could threaten trade talks
Washington Pushes Back on Davos Remarks
WASHINGTON — U.S. Commerce Secretary Howard Lutnick wasted no time pushing back against Prime Minister Mark Carney’s high-profile speech in Davos. Instead, he brushed it aside as “political noise” while sharply criticizing Canada’s recent trade agreement with China.
Speaking on Bloomberg TV, Lutnick said Canada already enjoys “the second-best deal in the world.” However, he added that Carney appeared more focused on complaining than appreciating the benefits.
China Deal Raises Red Flags in Washington
Meanwhile, Lutnick warned that Ottawa’s new agreement with Beijing could complicate future trade talks. More importantly, he said the deal could disrupt negotiations around the Canada–U.S.–Mexico Agreement, which faces a scheduled review later this year.
As a result, U.S. officials are watching Canada’s next moves closely. Therefore, trade experts expect tougher conversations ahead.
Carney’s Davos Speech Sparks Global Reaction
Earlier this week, Carney addressed world leaders at the World Economic Forum in Davos, Switzerland. During his speech, he declared that the old world order is over. Moreover, he urged middle powers to unite as economic pressure from larger nations intensifies.
The message resonated. In fact, European leaders repeatedly referenced Carney’s remarks throughout the forum. Additionally, many echoed his warning about deep cracks forming in long-standing trade and defence alliances.
U.S. Officials Acknowledge Shifting Global Dynamics
At the same time, U.S. Trade Representative Jamieson Greer reinforced the idea of global change. Speaking to Fox News, Greer said a “new world order” is emerging. Furthermore, he noted that European officials are beginning to accept that reality.
What Comes Next for Canada-U.S. Trade?
Ultimately, tensions appear to be rising. While Canada defends its global strategy, Washington remains cautious. Consequently, the upcoming trade review could test one of North America’s most important economic relationships.
For now, all eyes remain on how Ottawa balances its global ambitions with its closest trading partner.
