Trump’s Tense Press Conference With Canada’s Carney, Explained
By: bitcoin ethereum news|2025/05/07 04:15:01
0
Share
Topline President Donald Trump said he wouldn’t address his push to make Canada part of the United States during a meeting with its newly elected prime minister Mark Carney on Tuesday, to which Carney replied “it’s not for sale . . . ever.” President Donald Trump (R) meets with Canadian Prime Minister Mark Carney in the Oval Office at the ... More White House on May 6, 2025 in Washington, DC. (Photo by Anna Moneymaker/Getty Images) Key Facts Trump, when prompted by reporters, said “we’re not going to be discussing” his idea to make Canada the 51st state “unless somebody wants to discuss it.” Carney then told reporters “it’s not for sale . . . ever,” to which Trump replied “never say never,” before launching into his qualms about the U.S.-Canada relationship, claiming “we don’t do much business with Canada from our standpoint, they do a lot of business with us,” referring to the U.S. trade deficit with Canada. Carney defended Canada’s trade relationship with the U.S. and said “we are the largest client of the United States, in the totality of all the goods.” Trump struck a friendly tone during the meeting, despite attacking Canada earlier on Truth Social, writing “why is America subsidizing Canada? . . . in addition to giving them FREE Military Protection, and many other things?” The president repeatedly complimented Carney—leader of the Liberal Party elected a week ago—telling reporters he favors him over former Prime Minister Justin Trudeau, who Trump taunted for years up until Trudeau’s resignation. Trump, claiming he “was the greatest thing to happen to Carney,” since his election was largely influenced by the U.S. trade war, said “Canada chose a very talented person—a good person.” Tangent Trump, at the start of the meeting, made an unrelated announcement and said the U.S. would halt attacks against the Houthi rebel group in Yemen after the Houthis “capitulated” Monday and informed the U.S. they “don’t want to fight” anymore. After making the announcement about the Houthis, Trump teased another “very, very big” and “really, really positive” announcement he said he’d make before his visit to the United Arab Emirates next week. Key Background Carney won last week’s election after taking a tough stance against Trump’s tariffs, telling his supporters after winning that the “old relationship” between the two countries is over. Trump in February announced a 25% tariff on all Canadian imports to the U.S. before dropping the tax on most goods, except those that don’t fall under the Canada-U.S.-Mexico trade agreement. Trump said Tuesday there was nothing that could change his mind about the remaining tariffs during his meetings with Carney over the next several days. Surprising Fact Trump also said during Tuesday’s meeting the U.S. has not met with China to discuss trade, but said Chinese officials “want to meet” and they would have discussions “at the right time.” Trump’s comments come after Treasury Secretary Scott Bessent said during a congressional hearing earlier Tuesday China has yet to “engage in negotiations.” Trump previously claimed he spoke with Chinese President Xi Jinping amid the U.S.-China trade war, though China denied any calls had taken place. Further Reading Trump Doubling Tariffs On Canadian Steel And Aluminum In Retaliation For Ontario Electricity Charges (Forbes) Trump Threatens New Tariffs On Canada As Soon As Today—After Halting 25% Levies (Forbes) Trump Says Canada Should Merge With U.S.—Trolling Trudeau As He Steps Down (Forbes) Source: https://www.forbes.com/sites/saradorn/2025/05/06/trump-meets-new-canada-pm-mark-carney-but-says-they-wont-discuss-making-canada-51st-state-live-updates/
You may also like

IOSG: Making Probability an Asset, Forecasting Market Intelligence Agent
Predictive Market Oracle will begin to take shape in early 2026, poised to become a nascent product in the oracles space over the next year.

The US’s Back-Channel Helper in Attacking Iran, How Evil is Palantir
Palantir has once again used data to validate that unsettling logical loop: War is its best business development strategy

Key Market Intelligence on March 3rd, how much did you miss?
1. On-chain Volume: $34.0M USD inflow to Hyperliquid today; $29.3M USD outflow from Arbitrum
2. Biggest Gainers and Losers: $FAI, $ARC
3. Top News: Today, the crypto market rebounded against the trend, with a macro hedge whale holding long positions in gold and silver and shorting crypto, resulting in a $500k USD loss for the day

Interpreting the Anthropic vs. War Department Conflict: What Does Trump Intend to Do?
In the coming decades, our freedom may be more fragile than we think

Nasdaq Moves In, Predicts Market Has Reached Mainstream Inflection Point
Predictive trading is no longer just an experiment in the crypto space or a niche market but is starting to be integrated into the product suite of traditional trading platforms.

After a 48-hour ban, Claude reached the top of the App Store
Just the day before, ChatGPT was sitting right there

If this is the beginning of the triple halving, what are top investors saying about what to expect?
Hormuz Strait Blockade, Capital War, Oil and Bitcoin

After Iran's Political Risk Rises, Cryptocurrency Sees Massive Outflow
Following the airstrike, within minutes, Iran's largest cryptocurrency exchange, Nobitex, saw a 700% surge in cryptocurrency outflows.

Pantera Capital Partner: The Financial Trajectory of AI Agents
AI agents will move towards fully autonomous commerce, and blockchain is the only digital-native financial track that meets its needs for identity, micropayments, and trustless execution.

In the next 5 years, Vitalik will scale Ethereum like this
Short-Term vs Long-Term, Execution, Data vs State

Sam Altman and the End of the World Capitalism
The real danger is never AI itself, but those who believe they have the right to define the human destiny.

Wall Street Rings Inflation Alarm Bells Amid Iran Tensions, What Does It Mean for Cryptocurrency?
Interest rates have remained stubbornly high, posing a challenge to the cryptocurrency bull case.

Qwen Open Source Model Enters Mobile, Nasdaq Tests Water Prediction Market, What's the Overseas Crypto Community Talking About Today?
What Was the Hottest Topic Among Expats in the Last 24 Hours?

MegaETH Co-founder: 48 Hours After Escaping Dubai, I Reassess the Entire Crypto Scene
The global environment is not favorable to us, but in the long run, it may be favorable to us.

Morning Report | Strategy increased its holdings by 3,015 bitcoins last week; BitMine increased its holdings by 50,928 ETH last week; Vitalik elaborated on the Ethereum execution layer roadmap
March 2 Market Key Events Overview

Why is it said that there are structural opportunities in encrypted AI?
When centralized AI falls into the dilemma of regulation and trust, Crypto + AI will become a structural escape route for safeguarding data and sovereignty in a multipolar world.

Make Probability an Asset: A Forward-Looking Perspective on Predictive Market Agents
The predictive market agents are expected to present early prototypes in early 2026, likely becoming an emerging product form in the field of agents in the following year.

Consumer application issues
The truly outstanding applications will not ask people to "use cryptocurrency," but will provide practical and better solutions to the problems that people already face.
IOSG: Making Probability an Asset, Forecasting Market Intelligence Agent
Predictive Market Oracle will begin to take shape in early 2026, poised to become a nascent product in the oracles space over the next year.
The US’s Back-Channel Helper in Attacking Iran, How Evil is Palantir
Palantir has once again used data to validate that unsettling logical loop: War is its best business development strategy
Key Market Intelligence on March 3rd, how much did you miss?
1. On-chain Volume: $34.0M USD inflow to Hyperliquid today; $29.3M USD outflow from Arbitrum
2. Biggest Gainers and Losers: $FAI, $ARC
3. Top News: Today, the crypto market rebounded against the trend, with a macro hedge whale holding long positions in gold and silver and shorting crypto, resulting in a $500k USD loss for the day
Interpreting the Anthropic vs. War Department Conflict: What Does Trump Intend to Do?
In the coming decades, our freedom may be more fragile than we think
Nasdaq Moves In, Predicts Market Has Reached Mainstream Inflection Point
Predictive trading is no longer just an experiment in the crypto space or a niche market but is starting to be integrated into the product suite of traditional trading platforms.
After a 48-hour ban, Claude reached the top of the App Store
Just the day before, ChatGPT was sitting right there