Carney rejected the idea of using oil as a weapon in a trade war with the US
Kyiv • UNN
Canadian Prime Minister Mark Carney stated that the country does not plan to use oil supplies to pressure the US. He emphasized the importance of maintaining a reputation as a reliable supplier.
Canadian Prime Minister Mark Carney stated that the country does not plan to use supplies of oil and other strategic resources as a tool of pressure in response to American tariffs. He said this on July 29 during a conversation with journalists, Bloomberg reports, writes UNN.
Details
According to Carney, it is more important for Canada to maintain its reputation as a reliable supplier than to apply export restrictions.
It is important to be a reliable supplier. People trust us. Therefore, when you supply a key product or a key service, you need to think carefully before cutting off supplies
According to Bloomberg, under the government of Justin Trudeau, Canada considered the possibility of imposing export duties on oil, uranium, and potash in response to the trade policy of US President Donald Trump.
Carney called concluding a trade agreement the main goal
In recent weeks, tensions between the countries have increased after Trump threatened to impose 50% tariffs on a number of Canadian goods if Ottawa does not resolve American complaints regarding cars, alcohol, and dairy products.
Carney, who visited the oil-producing province of Alberta this week, effectively ruled out the possibility of applying restrictions on oil exports.
I don't see the point in that. There are other things we can do, if needed, to resolve the situation
He also reported that Canadian trade representatives are negotiating in Washington to achieve a comprehensive trade agreement with the United States. At the same time, Carney noted that "all options" for a response are being considered if Washington still imposes new tariffs.
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