The new prime minister of Canada is accustomed to Trump’s barbs regarding tariffs. On Sunday, Mark Carney was selected as Justin Trudeau’s replacement by the Liberal Party of Canada. The Goldman Sachs banker and Harvard graduate was previously in charge of two central banks. Because he led the Bank of England at the height of the Brexit negotiations, Carney is used to being attacked. Canadian Prime Minister Justin Trudeau is expected to be replaced in the coming days by Mark Carney, the former governor of the central banks of England and Canada. This comes as the country is dealing with a new wave of uncertainty regarding the tariffs that are being imposed by US President Donald Trump. On Sunday, the graduate of Harvard and former Goldman Sachs banker was elected leader of Canada’s Liberal Party. This followed Trudeau’s announcement that he would resign as party leader in January. Even though Carney has never held a political office, he is no stranger to political insults and attacks. He should be well-prepared for dealing with Trump and his administration as a result of this. As governor of the Bank of England in 2018, Carney warned that a no-deal Brexit could destroy the British economy. Pro-Brexit politicians in the UK, including the then-MP Jacob Rees-Mogg, criticized him, describing Carney as a “second-tier Canadian politician who failed to get on in Canadian politics and then got a job in the UK.” In the coming days, Carney, 59, is expected to be sworn in as prime minister. In order to select the next prime minister, an election must be held by October, but it could be called earlier. The country will have to deal with Trump’s 25% tariffs until April 2, which he imposed on March 4. Trump has referred to Trudeau as the “governor” on numerous occasions, a reference to his calls to make Canada the 51st state. Canada has sparked a defensive fervor as a result of the tariff turnaround and Trump’s remarks. In his Sunday victory speech, Carney mentioned Canada’s relationship with the United States. “I am aware that these are trying times. Dark times brought on by a nation in which we no longer have faith,” he stated. Carney’s background in the financial sector While Carney has a long and illustrious career in the financial sector, he has never held public office. He was born in the Northwest Territories, in Fort Smith, and he went to Harvard, where he played ice hockey. He worked for Goldman Sachs for thirteen years, primarily in London, Tokyo, New York, and Toronto.
