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Carney Rejects U.S. Claim He ‘Walked Back’ Davos Speech in Call With Trump

The dispute now casts uncertainty over trade talks ahead of the USMCA review.

Overview

  • Prime Minister Mark Carney said he told President Trump, “I meant what I said in Davos,” denying he retracted any remarks during their Monday phone call.
  • Treasury Secretary Scott Bessent maintains Carney “very aggressively” softened his stance on the call and later warned Canada not to pick a fight before the USMCA review.
  • Trump revoked Canada’s invitation to his ‘Board of Peace’ and threatened 100% tariffs if Ottawa pursues a broader deal with China, pressures Canada rejects as it stresses no China free‑trade pact is planned.
  • Carney said he explained Canada’s limited China arrangement and broader push to diversify exports, citing a dozen new deals across four continents and readiness for the USMCA review.
  • The Prime Minister’s Office declined to release a call readout, as both sides continue clashing publicly over what was said while also discussing Ukraine, Venezuela and Arctic security.