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Carney says age of rules-based trade is ‘gone’ as Trump bails on APEC summit

Speaking at the 2025 Asia-Pacific Economic Cooperation (APEC) summit in South Korea on Friday, Prime Minister Mark Carney promoted Canada as a reliable trade partner to counterparts amid tension in the geopolitical playing field. Indirectly addressing the turmoil U.S. President Donald Trump鈥檚 trade tariffs have thrust upon so many nations, Carney noted how the age of rules-based trade that once united APEC leaders is now 鈥済one.鈥

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