Canada can only go so far in responding to new import taxes imposed by US President Donald Trump given the mismatch in size between the economies, Prime Minister Mark Carney said.

Canada's Prime Minister Mark Carney said it was important to strengthen ties with "reliable allies" in Europe, as he met British and French leaders on his first overseas visit amid tensions with the United States.

Canadian Prime Minister Mark Carney on Monday warned his country must reduce its reliance on the United States and would turn towards its "reliable" European allies instead on his first trip abroad.Carney's transatlantic visit to British leader Keir Starmer and France's Emmanuel Macron came after US President Donald Trump suggested his country could become part of the United States and threatened its economy.

Trump administration officials are defending the president's economic agenda amid concerns over tariffs and a recession that have contributed to a dip in the stock market.

Executive authorities have remained unchecked for decades. Is there any surprise that the president prefers them over working with Congress?

A new economic forecast predicts President Trump's tariffs could worsen inflation and slow growth for the U.S., Canada and Mexico.