Carney: US Economy ‘Almost Nothing Normal’ – Davos Remarks & China’s View

Canadian Prime Minister Mark Carney disputed US Treasury⁢ Secretary Scott Bessent‘s ‌claim ‌that he retracted comments made‌ at the World Economic Forum in Davos,⁢ Switzerland, during a phone call wiht President Donald Trump.

“No,” Carney ⁢said directly ⁢when asked if he​ walked back his⁣ remarks.

Last week in Davos, Carney warned the world is “in the​ midst of a rupture” in the international order and pledged to ⁢be “both principled and pragmatic.” Trump responded by asserting ‍Canada owes​ its existence to the ‌US ‍and threatened ⁢a 100 percent tariff on Canadian imports ‌if Ottawa pursues a trade deal with China.

Bessent reported to CNBC that Carney‌ aggressively⁢ “walking back”⁣ some of his ​statements ‌during Monday’s call‌ with ⁤Trump.Carney refuted this on ⁢Tuesday.

“To be ⁣absolutely clear,and⁢ I said this​ to the president,I meant what I said ‍in Davos,” Carney told reporters‌ in Ottawa.

Analysts say Carney, elected in April 2025, is resisting US pressure and pursuing a strategy of diversifying Canada’s ​foreign relations.⁢ They believe his stance could prompt a broader⁤ reassessment among Western​ nations‌ regarding US influence.

Some observers suggest Canada’s ​actions could considerably reshape North American trade and contribute to⁢ a more ​multi-polar⁣ global order.

Carney offered a blunt ⁢assessment of the current US political climate, telling ‌the House of Commons, ‍”The⁤ world has changed, ⁢Washington has changed. There is almost ‌nothing normal ​now⁢ in the US – that is the truth.”

He clarified that his conversation ⁤with Trump focused on Canada’s efforts to ⁢forge new partnerships, including its relationship with China.

Carney’s denials of ⁢Bessent’s claims ‌were widely reported by mainstream media, ⁤including the Global and Mail.