It’s been a whirlwind seven days in Canada-U.S. relations, and it’s not about to slow down for businesses trying to make sense of the growing commotion.

U.S. President Donald Trump threatened Canada with 100 per cent tariffs over the weekend, a day after U.S. Treasury Secretary Scott Bessent said Alberta is “a natural partner for the U.S.”

Bessent later told Fox News that Prime Minister Mark Carney, during a phone call with Trump on Monday, “was very aggressively walking back” some of his comments made at the World Economic Forum in Davos, Switzerland, last week.

In turn, Carney told reporters Tuesday he had a good conversation with Trump, but also that he “meant what I said” at the global gathering. He stressed Canada was the first country to understand changes in U.S. trade policy, and it’s responding by building partnerships abroad.

Your weekday lunchtime roundup of curated links, news highlights, analysis and features.

By signing up you consent to receive the above newsletter from Postmedia Network Inc.

A welcome email is on its way. If you don't see it, please check your junk folder.

The next issue of Noon News Roundup will soon be in your inbox.

We encountered an issue signing you up. Please try again

Interested in more newsletters? Browse here.

“It’s unlike anything I’ve seen in my lifetime, but this is the new normal,” Perrin Beatty, co-chair of the Expert Group on Canada-U.S. Relations and former CEO of the Canadian Chamber of Commerce, said Tuesday.

Churning in the background for businesses is the upcoming review of the Canada-United States-Mexico Agreement (CUSMA) this........

© Calgary Herald