PM-designate Carney demands respect from U.S. as Trump doubles steel tariffs
Prime minister-designate Mark Carney says he will keep Canadian retaliatory tariffs in place until "Americans show us respect" and commit to free trade again.
Carney is reacting after U.S. President Donald Trump moved today to double tariffs coming into effect Wednesday (March 12) on Canadian steel and aluminum to 50%.
Trump's latest tariff escalation came as he blasted Ontario Premier Doug Ford for imposing a 25% surcharge on electricity exported from the province to Michigan, Minnesota and New York.
READ: Industry execs share their strategies in dealing with tariffs
Carney calls the move an attack on Canadian workers and businesses.
Carney met Monday with the Liberal caucus and outgoing Prime Minister Justin Trudeau, a day after he won a landslide victory in the Liberal leadership contest.
He is expected to be sworn in as prime minister before the end of the week.