Carney cast himself during the campaign as an even-keeled political outsider with the economic bona fides to take on Trump and manage a trade war.

The prominent central banker and investor was chosen in a crucial leadership race amid threats from President Trump. He is expected to quickly call a federal election.

Mark Carney, soon to become Canada's new prime minister, is a two-time central banker and crisis fighter about to face his biggest challenge of all: steering Canada through Donald Trump's tariffs. The Liberals announced Carney as Justin Trudeau's successor on Sunday after party members voted in a nominating contest.

Canada's ruling Liberal Party is choosing a new leader on Sunday to replace Prime Minister Justin Trudeau, who said in January he was stepping down after growing dissatisfaction over his performance.

Trump and his aides have reportedly threatened to redraw the northern border, go after Canada’s minerals and water, and cancel NORAD.

China said a 100% tariff would be imposed on Canadian rapeseed oil, oil cakes and peas, while a 25% tariff would be introduced on pork from March 20.

China announced new steep tariffs on Canadian food products on Saturday, the latest blow to the country as it simultaneously grapples with fierce trade negotiations with U.S. President Donald Trump. The tariffs,

The tariffs are scheduled to come into effect on March 20, according to the council. Beijing linked the move to Canada imposing a 100 percent tariff on Chinese-made electric vehic