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Canadian Economy and Markets

WASHINGTON (AP) — U.S. President Donald Trump and Canadian Prime Minister Mark Carney faced off in the Oval Office on Tuesday and showed no signs of retreating from their gaping differences in an ongoing trade war that has shattered decades of trust between the two countries.

The two kept it civil, but as for Trump’s calls to make Canada the 51st state, Carney insisted his nation was “not for sale” and Trump shot back, “time will tell.”

Asked by a reporter if there was anything Carney could tell him to lift his tariffs of as much as 25% on Canada, Trump bluntly said: “No.”

The U.S. president added for emphasis, “Just the way it is.”

Carney acknowledged that no bit of rhetoric on tariffs would be enough to sway Trump, saying that “this is a bigger discussion.”

“There are much bigger forces involved,” the Canadian leader continued. “And this will take some time and some discussions. And …

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