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Carney Warns on U.S. Military Risk Amid Tariffs

By Drooid · · How we work

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Story summary
  • Canada Prime Minister Mark Carney said he examined the risk of a U.S.-led military action against Canada.
  • Carney said preparing for extreme tail risk is part of his role.
  • President Donald Trump imposed 50% duties on $28 billion of Canadian goods after trade talks collapsed in mid-August.
  • Canada responded with retaliatory tariffs in early September and removed Canadian products from U.S. government procurement.