Carney Acknowledges Trade War Pain as Canada Seeks to Diversify from US

Canadian PM Mark Carney publicly acknowledges Canadians will feel economic pain from the ongoing trade war with the US, as his government attempts to reduce Canada's structural dependence on the US market. The statement signals a strategic shift toward diversification but underscores the near-term economic costs and political risks. The timeline for meaningful diversification remains uncertain, and the depth of the economic impact is not yet quantified.