Bank of Canada Governor Mark Carney has declared that Canada will not bow down to the pressure from the United States, as President Trump imposes a 25% tariff on Canadian exports. This decision comes amidst deteriorating relations between the two countries over trade disputes.

The move by Trump has sparked outrage in Canada, with Prime Minister Justin Trudeau describing it as a "reckless and dangerous act". In response, Carney has vowed that Canada will not be bullied into submission and will stand up for its interests.

The tariffs are expected to have a significant impact on the Canadian economy, with industries such as steel and aluminum bearing the brunt of the measures. Canada's Finance Minister has warned that the tariffs will lead to job losses and hurt businesses across the country.

As tensions escalate between the two nations, Canada is looking to other trading partners such as Mexico and China to diversify its trade relationships. Despite the challenges ahead, Carney remains steadfast in his commitment to defending Canada's interests in the face of Trump's aggressive trade policies.