Canada's prime minister refers to US economic ties as a weakness

This material may not be published, broadcast, rewritten, or redistributed. ©2026 FOX News Network, LLC. All rights reserved. Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset. Powered and implemented by FactSet Digital Solutions. Legal Statement. Mutual Fund and ETF data provided by LSEG. Fox News Flash top headlines are here. Check out what's clicking on FoxNews.com. Canadian Prime Minister Mark Carney asserted that many of his nation's prior "strengths" stemming from its close relationship with the U.S. have turned into "weaknesses" that must be addressed. "The U.S. has fundamentally changed its approach to trade, raising its tariffs to levels last seen during the Great Depression. Many of our former strengths, based on our close ties to America, have become our weaknesses, weaknesses that we must correct," Carney said in a video message. "Workers in our industries most affected by U.S. tariffs, in autos, in steel, in lumber, are under threat. Businesses are holding back investments, restrained by the pall of uncertainty that's hanging over all of us. The U.S. has changed. And we must respond," the Canadian leader declared. In a sta