{"id":182217,"date":"2026-08-25T12:59:20","date_gmt":"2026-08-25T12:59:20","guid":{"rendered":"https:\/\/www.europesays.com\/canada\/182217\/"},"modified":"2026-08-25T12:59:20","modified_gmt":"2026-08-25T12:59:20","slug":"why-canada-will-suffer-from-mark-carney-trying-to-out-tough-donald-trump","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/canada\/182217\/","title":{"rendered":"Why Canada will suffer from Mark Carney trying to \u2018out-tough\u2019 Donald Trump"},"content":{"rendered":"<p>As governor of the Bank of England <a class=\"ck-custom-link\" href=\"https:\/\/www.telegraph.co.uk\/world-news\/2026\/05\/26\/brexit-vote-was-dangerous-bluff-says-mark-carney\/\" rel=\"nofollow noopener\" target=\"_blank\">during the Brexit referendum<\/a>, there is a phrase that will be all too familiar to Mark Carney: \u201cNo deal is better than a bad deal.\u201d<\/p>\n<p>Now, he is making that mantra his own.<\/p>\n<p>The Canadian prime minister has walked away from trade negotiations with the Trump administration and is bracing for a trade war that could decimate business and cost tens of thousands of jobs.<\/p>\n<p>\u201cA good deal [became] <a class=\"ck-custom-link\" href=\"https:\/\/www.telegraph.co.uk\/us\/news\/2026\/08\/19\/trump-pauses-50pc-tariffs-for-canada-after-deal\/\" rel=\"nofollow noopener\" target=\"_blank\">a deal we would not accept<\/a>,\u201d he said at the weekend.<\/p>\n<p>Canadians, outraged by Donald Trump\u2019s repeated references to Canada as <a class=\"ck-custom-link\" href=\"https:\/\/www.telegraph.co.uk\/world-news\/2026\/08\/23\/trump-canada-wants-benefits-us-state-trade-war-mark-carney\/\" rel=\"nofollow noopener\" target=\"_blank\">the US\u2019s 51st state<\/a>, have swung behind Carney.<\/p>\n<p>Fans at weekend \u201csoccer\u201d matches where Canadian clubs were playing US rivals were heard booing and jeering as the American national anthem played.<\/p>\n<p>Carney is planning to hit the US with retaliatory tariffs by Sept 8, potentially prompting yet more retribution from the White House.<\/p>\n<p>But as this escalating trade war starts taking a toll on Canada\u2019s economy, Carney risks losing his home support.<\/p>\n<p>\u201cI know emotionally it feels good to retaliate,\u201d said Danielle Smith, the premier of the province of Alberta.<\/p>\n<p>\u201cBut \u2026 when retaliation happens, it means that everybody who is buying products from the United States are now going to face upwards of 50pc tariffs.\u201d<\/p>\n<p>Before Carney walked away, talks between the White House and Canada had <a class=\"ck-custom-link\" href=\"https:\/\/www.telegraph.co.uk\/world-news\/2026\/08\/22\/carney-squares-up-to-trump-in-escalating-tariff-war\/\" rel=\"nofollow noopener\" target=\"_blank\">grown increasingly bitter<\/a>.<\/p>\n<p>Reports emerged on Friday of JD Vance, the vice-president, mocking the Canadian leader.<\/p>\n<p>He\u2019s a \u201cvery sweet guy\u201d, Vance said, claiming the Canadian president had failed at an attempt to \u201cout-tough Donald Trump\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"As governor of the Bank of England during the Brexit referendum, there is a phrase that will be&hellip;\n","protected":false},"author":2,"featured_media":182218,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[98],"tags":[525,17,162,235,864,111,2415,400,20919,6829,10995],"class_list":["post-182217","post","type-post","status-publish","format-standard","has-post-thumbnail","category-mark-carney","tag-business","tag-canada","tag-donald-trump","tag-economy","tag-jd-vance","tag-mark-carney","tag-standard","tag-tariffs","tag-top-story","tag-us-content","tag-us-economy"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/182217","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/comments?post=182217"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/182217\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media\/182218"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media?parent=182217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/categories?post=182217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/tags?post=182217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}