Carney Calls US Trade Bans ‘Modest,’ Signals Canada Won’t Retaliate
AI Summary
Prime Minister Mark Carney downplayed the impact of recent US trade measures against Canada, describing them as "modest" and indicating that the Canadian government won't retaliate. While acknowledging that some businesses will be affected, Carney emphasized that the overall effect on the economy will be minimal. This stance is significant as it suggests a measured approach to international trade disputes, potentially easing tensions between the two neighboring nations.
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