Carney’s Davos Speech Fuels Trump Fume and Canadian Caution

Prime Minister Mark Carney’s Davos address sparks Trump backlash, prompting US Treasury Secretary Bessent to advise restraint amid CUSMA talks.

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Carney’s Davos Speech Fuels Trump Fume and Canadian Caution

On Jan. 26 2026, Canadian Prime Minister Mark Carney delivered a provocative speech at the World Economic Forum in Davos, Switzerland, which drew the ire of U.S. President Donald Trump. Trump publicly called for Canadian gratitude, while Treasury Secretary Scott Bessent urged Carney to avoid ‘picking a fight’ ahead of the U.S.–Mexico–Canada Agreement (USMCA) renegotiation slated for later that year. Business leaders, including the Business Council of Canada’s Goldy Hyder, criticized the speech as politically self‑serving and risky for Canada’s trade ties. The controversy echoes past U.S. tariff disputes and highlights Canada’s struggle to balance sovereignty with economic dependence on its northern neighbor.”,

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CarneyDavos speechUSMCA