Former Bank of England Governor Mark Carney's decision to recognize Palestine has ignited a furious trade dispute with the United States. President Trump is now threatening Canada's access to crucial trade deals, escalating tensions significantly.
This move follows Canada's formal endorsement of a Palestinian state, joining France and Malta – countries already extending recognition. The U.S. envoy is currently in Israel, further highlighting the shifting geopolitical landscape.
Trump is leveraging this diplomatic shift to gain an advantage in ongoing trade negotiations. He aims to pressure Canada, potentially impacting billions of dollars in trade between the two nations. The situation remains volatile, with the future of the U.S.-Canada trade relationship hanging in the balance.
