Lutnick calls Carney’s speech ‘political noise’ and cautions Canada on China deal

WASHINGTON — U.S. Commerce Secretary Howard Lutnick called Prime Minister Mark Carney’s speech at the World Economic Forum “political noise” and criticized Canada’s recent deal with China today.

Speaking on Bloomberg TV, Lutnick said Canada has “the second-best deal in the world” and accused Carney of complaining.

Lutnick also cautioned that Ottawa’s recent deal with China could upend negotiations on the Canada-U.S.-Mexico Agreement on trade, which is up for review this year.

In his speech at the WEF summit in Davos, Switzerland — which was applauded internationally — Carney warned that the old world order is dead and urged middle powers to band together as larger ones try to pressure them through economic coercion.

European leaders have continued to cite the speech throughout the Davos forum and have repeated Carney’s warning about a fundamental rupture in long-standing trade and defence relationships.

United States Trade Representative Jamieson Greer told Fox News there is a “new world order” and European officials are starting to acknowledge it.