Prime Minister Mark Carney landed in Malaysia late Saturday to explore trade prospects within the Association of Southeast Asian Nations (ASEAN). Rumors are circulating about a potential encounter between Carney and U.S. President Donald Trump, who is set to attend the same event on Sunday.
Trump abruptly called off trade discussions with Canada, citing his outrage over an Ontario government advertisement featuring pro-free trade comments by former President Ronald Reagan. He labeled the ad as “FAKE” and declared the termination of all trade talks with Canada.
Following this development, Ontario Premier Doug Ford announced the suspension of the ad in hopes of restarting negotiations. However, the Prime Minister’s Office remains uncertain about the resumption of talks.
Before departing Ottawa for Kuala Lumpur, Carney responded calmly to Trump’s actions, highlighting progress in specific sectors like steel, aluminum, and energy. He expressed readiness to resume discussions when the U.S. is prepared, emphasizing the mutual benefits for workers and families in both countries.
The possibility of Carney conveying this message to Trump during the Malaysian visit is uncertain. Trump indicated no intention to engage with Carney and dismissed the ad depicting Reagan’s anti-tariff stance as potentially artificial.
Meanwhile, bilateral discussions with key ASEAN nations have been arranged, focusing on finalizing the Canada-ASEAN free trade agreement for signing next year. Officials emphasized the region’s rapid economic growth and the importance of enhancing trade partnerships for Canadian exporters.
Carney has emphasized the importance of identifying opportunities for Canadian business growth. While expectations for significant outcomes at the ASEAN summit are modest, negotiations for the free trade agreement are intricate due to varying levels of economic development and regulatory frameworks among ASEAN members.