NEIL HALL/EPA
The former president of the Bank of England, Mark Carneary, was elected the next prime minister of Canada.
Highly qualified economist, hard regulator, but without much political experience, Mark Carneary replaces Trudeau and ensures that “as in hockey, Canada will win.” However, Trump admits the possibility of recession in the US.
The former governor of the bench of Canada and the Bank of England, Mark Carney59, was elected this Sunday to replace Canadian Prime Minister Justin Trudeau in the leadership of the Liberal Party and the Government.
According to EFE agency, Mark Carnery was elected with about 400,000 votes (86%) of about 152,000 voters of the Liberal Party, defeating former Minister-Minister and Minister of Finance Chrystia Freland, whose government resignation in December triggered the crisis which now culminated in the election of the former governor of Banco do Canada.
Mark Meatary replaces the leadership of the Liberal Party and the Government Justin Trudeau, who announced on January 6 after Oyo years in office, after facing a growing loss of support in both his party and the country.
Trudeau, descendant of Pierre Trudeau, one of Canada’s best-known prime ministers (between 1968 and 1979 and then between 1980 and 1984), became deeply unpopular among voters Due to a number of issues, including increased cost of food and housing, as well as increased immigration.
Despite everything, Carry is expected to lead the country to new elections during your tampon mandate. If you do not do so, the opposition may force a trip to the polls through a motion of censorship in Parliament.
Who is Carry?
Mark Carnery was compared to a rock star In 2012, when he was appointed and was the first foreigner to hold the position of governor of the Bank of England since its foundation in 1694.
The appointment of a Canadian deserved bipartisan praise in Britain, after Canada recovered faster than many other countries of the 2008 financial crisis. Along its way, it gained the reputation of being a one Hard regulator.
Despite the lack of experience in politics, it is seen as a highly qualified economistwith experience in Wall Street, who is attributed the merit of helping Canada to avoid the worst of the 2008 global economic crisis and helped the United Kingdom manage Brexit – was the first foreigner ever to command the Bank of England.
“Who wants to defend Canada with me?” He questioned the new leader in his first speech as a winner. Carry should be sworn in the coming days.
“These are dark days, caused by a country in which we can no longer trust,” said Carry, at a time when Canada lives a Climbing tensions with the United States – that threaten with one and even with one from his neighbor to the north since the inauguration of the new President Donald Trump.
“O Canada will never be part two United Statesat all. And in commerce, Canada will win, ”said the new Canadian leader.
Trump admits the possibility of recession in the USA
The US President said on Sunday that he expects an economic “transition period” marked by tariffs that the United States have imposed or intend to impose on products from other countries.
“I hate to predict such gender things. There is a transitional period, because what we are doing is so good that we are bringing wealth back to the United States, ”he said in an interview with the conservative US Fox News, when asked about some data that points to one this year.
On the presidential plane, Air Force One, returning after spending the weekend at the house in Mar-lago, Trump said that It is normal to doubt About the possibility of the US going into recession.
“Who knows? All I can say is that we will raise hundreds of a thousand million [de dólares] In tariffs and we will be so rich that we will not know how to spend all this money, ”he replied.
At the same time, in an interview with another US station, NBC, the Secretary of Commerce, Howard Lutnick, assured that there will be no recession in the US. “Global tariffs will lower because President Trump said, ‘Want to impose us 100%? We will impose them 100%, ”he argued.
Trump had to address advances and setbacks in fees directed to Mexico and Canada, who are worrying the markets, and said that “reciprocal tariffs” come into force on 2 April. The Republican insisted that the imposition of rates happens because Other countries are “stealing” the United States.
Last week, Trump acknowledged that the economic policy he is adopting may require “small adjustments” to the Americans. Regarding reciprocal tariffs on the products of US imports, Lutnick explained: “Some products manufactured abroad may be more expensive, but Americans will get cheaper, and that’s the goal.”
Since returning to the White House, Trump has threatened with Mexico, Canada, China, among other countries. The rates were applied but, in some cases, they were temporarily reversedas in the case of goods included in the T-MEC Free Trade Agreement with the neighbors Canada and Mexico.
“Let’s attract jobs, let’s reopen factories,” the president promised, in press release on Sunday afternoon, before landing in Washington. Regarding the pause in tariffs about the automotive sector, which is fully integrated among the three countries, Trump stated that he did it because he wanted to “help US manufacturers.”
The Republican said, however, that The rates “can rise” later.
Trump refused to evaluate these policies taking into account the impact on the stock market and proposed the Chinese economic accompaniment model: “If we look at China, they have a 100-year perspective. We are going by quarters, and we can’t do it that way, we need to do the right thing, ”he said.
