Canadian Prime Minister Mark Carney delivered a powerful speech at the Davos summit, warning against the risks of Trump’s policies and emphasizing the need for global cooperation. In his address. Carney highlighted the growing concerns over the United States’ economic and geopolitical strategies, particularly under President Donald Trump.

Global Shifts and the Changing World Order

According to EL PAÍS, Carney warned that avoiding conflict with major powers is a mistake, and that countries must respond with more cooperation, alliances, and a common defense against the law of the strongest. He specifically rejected Trump’s threats of imposing tariffs on countries that defend Greenland’s sovereignty, reaffirming Canada’s commitment to NATO’s Article 5.

Meanwhile, CryptoRank reported that world leaders, including those from Spain, Canada, and Vietnam, are increasingly turning to China, signaling a shift in global economic and diplomatic dynamics. Chinese President Xi Jinping noted that the international order is ‘crumbling,’ pointing to the decline of the US-led rules-based system anchored in institutions like the UN, WTO, and NATO.

Xi’s comments came at a time when US trade policy has become the most restrictive in over 110 years, according to Brookings researchers. This has prompted several countries to reassess their alliances and economic dependencies, with many now seeking stronger ties with China.

Economic and Geopolitical Tensions

According to TMGM, the US dollar has been losing value against the Canadian dollar amid hopes for a resolution to the US-Iran conflict. The economic impact of this situation is significant, as oil prices, which are central to Canada’s economy, remain nearly 40% above pre-war levels. The US military’s blockade of the Strait of Hormuz has also kept oil prices from falling further, providing support to the Canadian economy.

Carney, who recently secured a majority in parliament following three special elections, emphasized the importance of economic resilience. His speech at Davos was followed by reports that Canadian armed forces have developed theoretical plans for potential responses to a US invasion, highlighting the growing tensions between the two nations.

According to heraldo.es, Carney’s speech was widely praised and went viral, with the prime minister stating that the ‘rules-based world order is dying.’ He called on middle powers like Canada to build new alliances and create a ‘dense network of connections’ in trade, investment, and culture to address future challenges.

Carney argued that middle powers cannot afford to negotiate from a position of weakness when dealing with a hegemonic power. He emphasized the need for collective action, stating that ‘when we only negotiate bilaterally with a hegemonic power, we negotiate from weakness. We accept what is offered to us. We compete among ourselves to be the most compliant. This is not sovereignty.’

Canada’s Preparedness and Strategic Review

경향신문 reported that Canada is increasing its defense spending and reviewing hypothetical scenarios that assume a potential war with the United States. Carney warned that major powers are using economic integration as a weapon, using tariffs as a fulcrum, and turning supply chains into the weakness of the other side. He stated that ‘this is not a mere change but a rupture in the world order.’

Carney’s remarks come as Trump continues to assert his influence on the global stage, including through the use of manipulated images to claim territories such as Greenland, Canada, and Venezuela. The US president has also used private messages from allied leaders as a tool of pressure, further escalating tensions.

As the global economic landscape shifts, Canada’s Prime Minister is advocating for a new model of international cooperation, one that emphasizes collective strength and shared responsibility. His message resonates with a growing number of countries that are reevaluating their positions in a rapidly changing world.