Overview

• President Donald Trump and Canadian Prime Minister Mark Carney held their first conversation, described as 'extremely productive,' agreeing to meet after Canada’s April 28 election to negotiate a new economic and security framework.
• US tariffs on Canadian auto imports, set to take effect on April 2, threaten Canada’s auto industry, prompting Carney to announce retaliatory trade measures to protect Canadian workers.
• Carney declared that the 'old relationship' with the United States is over, emphasizing the need for Canada to diversify its trade partnerships and reduce reliance on the US economy.
• Trump’s tone toward Carney marked a departure from his previous antagonism toward former Prime Minister Justin Trudeau, with Trump referring to Carney by his correct title and signaling openness to cooperation.
• The Canadian election, framed as a referendum on sovereignty and economic resilience, sees Carney’s Liberal Party gaining momentum in polls, reversing earlier trends favoring the Conservatives.