Carney calls US trade bans 'modest,' signals Canada won't retaliate

Nojoud Al Mallees / Bloomberg

Yesterday

Asked whether Canada will retaliate, Carney said the best response is focusing on his government's plan to reinforce the domestic economy and diversify the country's trade and economic relationships. ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.itiger.com/news/2666208075"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2666208075\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2666208075?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-09-11 01:53","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2666208075","market":"hk","top_or_hot":-1,"title":"Carney calls US trade bans 'modest,' signals Canada won't retaliate","media":"Nojoud Al Mallees / Bloomberg","content":"<div>\n<p>Asked whether Canada will retaliate, Carney said the best response is focusing on his government's plan to reinforce the domestic economy and diversify the country's trade and economic relationships. ...</p>\n\n<a href=\"https://www.theedgesingapore.com/news/global-economy/carney-calls-us-trade-bans-modest-signals-canada-wont-retaliate?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n","source":"edge_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Carney calls US trade bans 'modest,' signals Canada won't retaliate</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCarney calls US trade bans 'modest,' signals Canada won't retaliate\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-09-11 01:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theedgesingapore.com/news/global-economy/carney-calls-us-trade-bans-modest-signals-canada-wont-retaliate?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS><strong>Nojoud Al Mallees / Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Asked whether Canada will retaliate, Carney said the best response is focusing on his government's plan to reinforce the domestic economy and diversify the country's trade and economic relationships. ...</p>\n\n<a href=\"https://www.theedgesingapore.com/news/global-economy/carney-calls-us-trade-bans-modest-signals-canada-wont-retaliate?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SUPP","symbol_name":"TCW Transform Supply Chain ETF","start_time":0,"source_url":"https://www.theedgesingapore.com/news/global-economy/carney-calls-us-trade-bans-modest-signals-canada-wont-retaliate?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","article_id":"2666208075","we_media_id":null,"thumbnails":[],"rights":{"source":"edge_highlight","url":"https://www.theedgesingapore.com/news/global-economy/carney-calls-us-trade-bans-modest-signals-canada-wont-retaliate?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2666208075","pubTimestamp":1789062812,"columns":[],"sourceInfo":{"source_id":"edge_highlight","name":"Edge"},"weMediaInfo":null,"summary":"Asked whether Canada will retaliate, Carney said the best response is focusing on his government's plan to reinforce the domestic economy and diversify the country's trade and economic relationships. ","collect":0,"end_time":0,"defaultTopTitle":"theedgesingapore.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SUPP":"TCW Transform Supply Chain ETF","CORO":"ISHARES INTERNATIONAL COUNTRY ROTATION ACTIVE ETF"},"translate_title":"卡尼评级美国贸易禁令“适度”，表明加拿大不会报复","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CORO":0.68,"SUPP":0.68},"content_text":"Asked whether Canada will retaliate, Carney said the best response is focusing on his government's plan to reinforce the domestic economy and diversify the country's trade and economic relationships. (Sept 11): Prime Minister Mark Carney said this week's round of US trade measures against Canada will hurt some businesses but will have a \"modest\" impact overall - and signalled that his government isn't planning to retaliate.\n\nPresident Donald Trump's administration escalated its trade war with Canada on Sept 8, announcing import bans on a range of goods, including alcoholic beverages, whey proteins and motorcycles. The White House also said it would restrict Canadian companies' ability to sell to US government contractors and changed the list of Canadian products that are subject to 50% tariffs, adding some and removing others. \n\"We fully recognise that for individual companies and in individual sectors, these are significant,\" Carney told reporters on Thursday in Banff, Alberta, where he's meeting with his cabinet. \"I would also recognise that in the context of other things that the US administration has done - other measures US administration has done - that these are relatively modest measures.\"\nAsked whether Canada will retaliate, Carney said the best response is focusing on his government's plan to reinforce the domestic economy and diversify the country's trade and economic relationships.  \nCarney confirmed that he has spoken to Trump recently on geopolitical issues, but it's unclear whether they broached trade. \nThe Canadian government is \"always ready to sit down in a professional way and negotiate,\" the prime minister said. \n\"We think there is a mutually beneficial deal possible that respects our sovereignty and is in the interests of both countries. So that's a possibility,\" he said. Canada and the US tried for weeks to reach an agreement to reduce tariffs and lower trade tensions, but the talks collapsed on Aug. 21 and Trump's so-called Section 338 tariffs went into effect the following day. Carney retaliated with counter-tariffs on Sept 8, which led to this week's US moves. \nThe import bans will affect about US$1 billion in US imports from Canada - but many of those items already had 50% tariffs on them.  \n\"The Trump administration's latest trade move in the US-Canada trade war, announced late Sept 8, isn't much of an escalation in practice and is unlikely to have any macroeconomic impact for either economy,\" Bloomberg economist Nicole Gorton-Caratelli and analyst Chris Kennedy said in a note. \"But it'll keep uncertainty elevated and raises the risk that the US' dispute with its northern neighbour will continue.\"\nThe import bans promised by the Trump administration are set to take effect in about three weeks, potentially leaving room for talks to resume. Bloomberg News reported on Thursday that a senior US official said constructive conversations with Canadian counterparts took place this week, and added they expect another discussion in the coming days on an alternative path forward. \nUploaded by Liza Shireen Koshy","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}