Updated
Updated · The Globe and Mail · Aug 15
Carney Urged to Press Trump in Trade Talks as Approval Gap Reaches 40 Points
Updated
Updated · The Globe and Mail · Aug 15

Carney Urged to Press Trump in Trade Talks as Approval Gap Reaches 40 Points

3 articles · Updated · The Globe and Mail · Aug 15

Summary

  • Mark Carney should harden Canada’s line in U.S. trade talks, the column argues, because he enters negotiations with a majority government, roughly 20% net approval and broad public backing against concessions.
  • Trump’s weaker hand rests on a slowing U.S. economy, flat employment, falling real wages and a net approval rating near -20%, with voters increasingly blaming tariffs and inflation for their pain.
  • Less than 100 days before a major U.S. electoral test, betting markets reportedly see the House likely flipping to Democrats while the Senate has tightened to a coin toss, increasing pressure on Trump to deliver relief.
  • Canada, by contrast, is described as more resilient: growth revived in May and June, real wages remain positive, inflation and borrowing costs are lower, and its stock market is outperforming the U.S.
  • The piece frames the trade standoff as part of a lasting global “rupture,” arguing Ottawa should use this moment not just to bargain harder with Washington but to prepare Canada for a more self-reliant post-U.S.-led order.

Insights

Will Canada's bold gamble to resist U.S. trade pressure trigger a new era of economic independence or backfire completely?
Could the escalating border standoff secretly accelerate Canada's push to dominate global critical minerals and artificial intelligence?