White House · Canada · Donald Trump · U.S. · European Union · Fortune Technology
Canadian Prime Minister Mark Carney confirms ‘new world order will be shipped starting with Europe’
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Canada’s Prime Minister Mark Carney continued his efforts to pivot away from the United States and align with Europe, meeting with the leader of Ireland on Saturday ahead of the upcoming G7 summit and saying middle power countries shouldn’t compete for favor with America.
Key facts
- Trade tensions continue to simmer between Canada and the U.S. There is a scheduled July 1 review of the U.S.-Mexico-Canada Agreement (USMCA) the latest iteration of the North American free-trade pact
- U.S. President Donald Trump leaves for the G7 summit right after he hosts UFC fights at the White House on Sunday for his 80th birthday
- In February, Canada became the first non-European member of the SAFE mechanism, the European Union’s defense procurement initiative
- Carney said Canadian Trade Minister Dominic LeBlanc will meet with U.S. Trade Representative Jamieson Greer at the summit
Summary
Carney said that Canada and the European Union have a combined population that is more than twice that of the United States, with a similarly sized economy and a collective defense budget that is twice that of China’s. He said smaller nations can multiply their strength by partnering with like-minded allies. “In a world of great power rivalry, middle powers have a choice, to compete for favor or to combine to create a third path with impact,” Carney said at Trinity College in Dublin.