BlockNews
FOLLOW ON X
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
Home FINANCE

Trump Meets With Canada Prime Minister Amid Rising Tariff Tensions

Michael Juanico by Michael Juanico
May 6, 2025
in FINANCE, OPINION, POLITICS
Reading Time: 3 mins read
1
SHARES
23
VIEWS
Share on XShare in TelegramShare on Reddit
  • Carney met Trump in D.C. amid rising tensions over tariffs and Trump’s wild annexation talk.
  • Trump reignited friction with a Truth Social post accusing Canada of draining $200B from the U.S.
  • Experts say Carney’s first meeting with Trump is a key test of his promise to stand firm.

Canadian Prime Minister Mark Carney touched down in Washington this week for what’s shaping up to be one of the most tense cross-border visits in years. His sit-down with President Donald Trump on Tuesday came as U.S.-Canada relations teeter on the edge—tariffs are back, insults are flying, and, yeah… Trump’s still floating the idea of annexing Canada.

🚨 DONALD TRUMP: We don’t need ANYTHING from Canada…but they need EVERYTHING from us! pic.twitter.com/C6kvb07ZZ3

— BlockNews (@blocknewsdotcom) May 6, 2025

Trump kicks things off with… a post

Just minutes before shaking Carney’s hand outside the West Wing, Trump fired off a post on Truth Social: “Why is America subsidizing Canada by $200 Billion Dollars a year…?” he wrote. “We don’t need ANYTHING they have, other than their friendship.” So, not exactly a warm welcome.

Carney, a former central banker turned anti-Trump political star, ran his campaign on a pretty clear message: Canada’s not here to be pushed around. “Our old relationship based on steadily increasing integration is over,” he said last week. “The question now is how our nations will cooperate in the future.”

Trying to play nice—at least for now

Despite all the noise, Carney went into the visit with a tone of cautious optimism. “Canada and the United States are strongest when we work together — and that work starts now,” he posted on X after arriving Monday.

But since Trump’s return to the White House, the mood’s been tense. He’s reimposed sweeping tariffs on Canadian exports, threatened to rip up water-sharing deals, and, yep—seriously suggested Canada become America’s 51st state. Carney has, unsurprisingly, called that idea absurd.

Commerce Secretary Howard Lutnick didn’t exactly help smooth things over. “They have their socialist regime and it’s basically feeding off of America,” he told Fox Business. “I don’t see how it works out perfectly.” So much for diplomacy.

Election meddling… didn’t go as planned

If you’re wondering how things got this sour, part of it stems from Trump’s not-so-subtle attempts to influence Canada’s last election. He offered “ZERO TARIFFS” if Canada would agree to join the U.S.—a move that ended up boosting Carney’s popularity and helping him edge out Pierre Poilievre after Justin Trudeau stepped aside.

I look forward to meeting the new Prime Minister of Canada, Mark Carney. I very much want to work with him, but cannot understand one simple TRUTH — Why is America subsidizing Canada by $200 Billion Dollars a year, in addition to giving them FREE Military Protection, and many…

— Donald J. Trump Posts From His Truth Social (@TrumpDailyPosts) May 6, 2025

Now, Carney’s in D.C., face-to-face with Trump for the first time, with no official agenda announced. Experts say how he handles this moment could define his leadership.

“This is a very important moment for him,” said Genevieve Tellier of the University of Ottawa. “He said he could take on Mr. Trump — now he has to prove it.”

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: CanadaDonald TrumpHoward LutnickMark CarneyTariffsWhite House
TweetShareShare
Michael Juanico

Michael Juanico

Michael is a BSBA Management graduate from Mindanao State University and has been a professional content writer since 2019. He began exploring cryptocurrency in 2021 and has since made blockchain and digital assets his primary focus. For nearly four years, Michael has contributed research and editorial content at Aiur Labs and BlockNews, producing clear and accessible coverage of market trends, trading strategies, and project developments. He is transparent about his personal holdings in Bitcoin, TRON, and select meme tokens, combining writing expertise with hands-on market experience to deliver trustworthy insights to readers.

DON'T MISS THESE! HOT OFF THE PRESS

Ethereum Flashes Bearish Signal — Here Is Why Traders Fear Another 60% Drop
CRYPTO

Ethereum Flashes Bearish Signal — Here Is Why Traders Fear Another 60% Drop

October 16, 2025
Why Jim Cramer Calls China’s Willingness to Talk With Trump “Very Bullish”
FINANCE

Why Jim Cramer Calls China’s Willingness to Talk With Trump “Very Bullish”

October 16, 2025
What Happened in Crypto Today? – October 16: Interest Rate Cut Updates, and Sony Entering the Stablecoin Market 
BINANCE BNB

What Happened in Crypto Today? – October 16: Interest Rate Cut Updates, and Sony Entering the Stablecoin Market 

October 16, 2025
XRP Price Could Be Ready to Explode Soon — Here Is Why Quiet Buying Might Spark a Breakout
CRYPTO

XRP Price Could Be Ready to Explode Soon — Here Is Why Quiet Buying Might Spark a Breakout

October 16, 2025
Markets Pricing Two Interest Rate Cuts From Fed Jerome Powell — Here’s What to Expect Next for Crypto and Stocks
CRYPTO

Markets Pricing Two Interest Rate Cuts From Fed Jerome Powell — Here’s What to Expect Next for Crypto and Stocks

October 16, 2025
Why Bitcoin Is Dumping Today: 3 Big Reasons
BITCOIN

Why Bitcoin Is Dumping Today: 3 Big Reasons

October 16, 2025
Load More

Related News

Ethereum Flashes Bearish Signal — Here Is Why Traders Fear Another 60% Drop

Ethereum Flashes Bearish Signal — Here Is Why Traders Fear Another 60% Drop

October 16, 2025
Why Jim Cramer Calls China’s Willingness to Talk With Trump “Very Bullish”

Why Jim Cramer Calls China’s Willingness to Talk With Trump “Very Bullish”

October 16, 2025
What Happened in Crypto Today? – October 16: Interest Rate Cut Updates, and Sony Entering the Stablecoin Market 

What Happened in Crypto Today? – October 16: Interest Rate Cut Updates, and Sony Entering the Stablecoin Market 

October 16, 2025
XRP Price Could Be Ready to Explode Soon — Here Is Why Quiet Buying Might Spark a Breakout

XRP Price Could Be Ready to Explode Soon — Here Is Why Quiet Buying Might Spark a Breakout

October 16, 2025
Markets Pricing Two Interest Rate Cuts From Fed Jerome Powell — Here’s What to Expect Next for Crypto and Stocks

Markets Pricing Two Interest Rate Cuts From Fed Jerome Powell — Here’s What to Expect Next for Crypto and Stocks

October 16, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews is your premier source for real-time cryptocurrency, blockchain, political and financial market news.

Stay ahead of the herd with BlockNews

RESOURCES

  • About Us
  • Contact Us
  • Editorial Policies
  • Terms and Conditions
  • Privacy Policy
  • Sitemap

DISCLOSURES AND POLICIES

BlockNews provides independent reporting on crypto, blockchain, and digital finance. Content is for informational purposes only and does not constitute financial advice. Sponsored material is always disclosed. By using this site, you agree to our Terms and Conditions and Privacy Policy.

© 2025 BlockNews

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • LITECOIN
    • CHAINLINK
    • SUI
  • MEMECOINS
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2025 BlockNews