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

Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?
The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.

The little deer live by the water and grass
Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.

The world belongs to Chinese people who speak English
The world is vast, and only playing half of it is truly a loss.

Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth
Bitcoin is digital capital, and I will spend a thousand hours explaining it to you. Eventually, you will understand, but you will still have to endure a 45% crash.

Virtuals Protocol's inaugural Titan project: ROBO aims to give a wallet to a robot
This is a key step in Virtuals expanding the Agent Economy into the Embodied AI and Robotics field.

Stablecoin Latest Report: Actual Distribution and Circulation Much More Notable Than Supply
The Truth about Stablecoin Circulation Speed, Concentration, and Structure After Doubling the Supply

Paradigm's New Arithmetic: When Crypto Can't Hold 12.7 Billion, AI Becomes the Answer
It took Paradigm three years to emerge from the ruins of FTX.

Wintermute Founder: In the Lost Cryptocurrency Market, What Can We Still Do?
This is more like a manifesto, discussing "the very reason we are here."

$1.3 Billion Debt: BitDeer Faces Tough Battle
Wu Jihan is waiting for AI's money to catch up with the speed of debt.

Anthropic's IPO Gamble: At the Most Unlikely Moment, It Chose to Say No
In the AI Era, what is the most valuable thing?

Paradigm's Math Problem: $12.7 Billion, Too Big for a Single Crypto Fund
Emerging from the ruins of FTX, Paradigm took three years

Ethereum Unveils Scaling Roadmap, What's Different This Time?
Short-term improvements to execution efficiency through the Gas mechanism optimization and block validation parallelization, and long-term scalability through ZK-EVM and blobs data architecture.

Anthropic Ban Wave, OpenAI $100 Billion Funding Controversy: What Is the Overseas Crypto Community Talking About Today?
What Have Foreigners Been Most Interested in Over the Last 24 Hours?

Morning News | OpenAI receives $110 billion investment; Solana launches Solana Payments; M0, MoonPay, and PayPal jointly launch PYUSDx
Overview of Important Market Events on February 27

Bloomberg: A Romanian Presidential Election Intervened by Crypto Traders
The puzzle of the Romanian elections under digital manipulation.

Founders Fund, Pantera, and Franklin Templeton join Sentient's "Arena" to stress test enterprise-level AI agents
Sentient is gathering builders and supporters from around the world (including Founders Fund, Pantera, Franklin Templeton, alphaXiv, Fireworks, OpenRouter, etc.) to jointly address the reasoning capability gap in enterprise AI.

Why Retail Is Shifting From Crypto to Equities: Will They Return?
Retail traders are exiting the crypto market and gravitating towards equities. Bitcoin saw a notable reduction in spot…

Canton Crypto Network vs. XRP: Understanding DTCC’s Strategic Approach to Infrastructure and Liquidity
Key Takeaways Canton Network and XRP serve distinct roles in blockchain technology: Canton for asset tokenization and atomic…
Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?
The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.
The little deer live by the water and grass
Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.
The world belongs to Chinese people who speak English
The world is vast, and only playing half of it is truly a loss.
Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth
Bitcoin is digital capital, and I will spend a thousand hours explaining it to you. Eventually, you will understand, but you will still have to endure a 45% crash.
Virtuals Protocol's inaugural Titan project: ROBO aims to give a wallet to a robot
This is a key step in Virtuals expanding the Agent Economy into the Embodied AI and Robotics field.
Stablecoin Latest Report: Actual Distribution and Circulation Much More Notable Than Supply
The Truth about Stablecoin Circulation Speed, Concentration, and Structure After Doubling the Supply