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Canada PM Carney strongly opposes US tariffs over Greenland

Published by Global Banking & Finance Review

Posted on January 20, 2026

2 min read

· Last updated: January 20, 2026

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Canada PM Carney strongly opposes US tariffs over Greenland
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DAVOS, Switzerland, Jan 20 (Reuters) - Prime Minister Mark Carney said on Tuesday Canada strongly opposed any U.S. tariffs over Trump's aim to take over Greenland. "Canada strongly opposes tariffs

Canada PM Carney strongly opposes US tariffs over Greenland

Canada's Opposition to US Tariffs

DAVOS, Switzerland, Jan 20 (Reuters) - Canadian Prime Minister Mark Carney said on Tuesday that the country strongly opposed any tariffs being imposed by the U.S. to further President Donald Trump's aim of acquiring Greenland.

Support for Denmark's Sovereignty

Trump announced tariffs on Saturday on imports from European allies that opposed his desire for the United States to take over Greenland, which is an autonomous part of Denmark.

Opportunities in Trade and Energy

"Canada strongly opposes tariffs over Greenland and calls for focused talks to achieve our shared objectives of security and prosperity in the Arctic," Carney said at the World Economic Forum's annual meeting in Davos, Switzerland.

Carney voiced his support for Denmark's sovereignty over Greenland and reiterated Canada's desire to forge new alliances with like-minded countries as he navigates a tricky relationship with the Trump administration in Washington.

The U.S. President has previously threatened to annex Canada, and early on Tuesday shared an AI image of a map showing Canada and Greenland as part of the United States.

"If great powers abandon even the pretense of rules and values for the unhindered pursuit of their power and interests, the gains from transactionalism will become harder to replicate," Carney said, without mentioning Trump or the U.S.

Carney, a former head of both the Bank of England and the Bank of Canada who struck a deal with China last week, said it was important for Canada to have a "web of connections".

"There are very clear guard rails in that relationship," Carney said of Canada's deal with China.

"But within those clear guard rails are huge opportunities in energy, both clean and conventional ... in agriculture, in financial services, all of which is mutually beneficial."

(Writing by Bhargav Acharya, Editing by Franklin Paul and Alexander Smith)

Key Takeaways

  • Canada opposes US tariffs related to Greenland.
  • Prime Minister Carney emphasizes Arctic security.
  • Call for focused talks on shared objectives.
  • Carney speaks at World Economic Forum in Davos.
  • Emphasis on prosperity in the Arctic region.

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