Prime Minister Mark Carney landed in Malaysia late Saturday to explore trade opportunities with the Association of Southeast Asian Nations (ASEAN). Speculations arose about a potential encounter with U.S. President Donald Trump, who is also expected at the same event on Sunday.
Trump abruptly called off trade discussions with Canada on Thursday, citing displeasure with an Ontario government advertisement in the U.S. featuring pro-free trade remarks by former President Ronald Reagan. Labeling the ad as “FAKE,” Trump declared the termination of all trade negotiations with Canada. Ontario Premier Doug Ford responded by suspending the ad in hopes of resuming talks on Monday. The Prime Minister’s Office indicated uncertainty regarding the resumption of negotiations.
Before departing Ottawa for Kuala Lumpur, Carney offered a restrained response to Trump’s reaction, highlighting progress in specific sectors like steel, aluminum, and energy. Carney expressed readiness to continue discussions for the benefit of workers and families in both countries.
The possibility of Carney confronting Trump in Malaysia remains uncertain. Trump stated he has no intention to engage with Carney and dismissed the ad as potentially artificial. Following news of Ontario withdrawing the ad, Trump criticized the decision as “dirty playing” and implied retaliation.
A senior government official disclosed that bilateral discussions with key ASEAN nations are on the agenda. The primary focus is to finalize the Canada-ASEAN free trade agreement for signing in the upcoming year. The official emphasized the importance of enhancing trade relations with the fast-growing ASEAN economies.
Carney emphasized the importance of identifying opportunities to boost economic growth for Canadian businesses. While expectations for major breakthroughs at ASEAN are modest, negotiations for the free trade deal are intricate due to varying levels of economic development and regulatory frameworks among ASEAN members.
