US, Trump have changed to more realistic view of war in Ukraine, Canada's Carney says - Finance news and analysis from Global Banking & Finance Review
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US, Trump have changed to more realistic view of war in Ukraine, Canada's Carney says

Published by Global Banking & Finance Review

Posted on June 17, 2026

1 min read

· Last updated: June 17, 2026

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Canada's Carney: US, Trump Take Realistic G7 Stance on Ukraine War, LNG, Trade

Key Developments from the G7 Summit

US and Trump Shift Stance on Ukraine War

EVIAN-LES-BAINS, France, June 17 (Reuters) - The United States and U.S. President Donald Trump have pivoted in its view of the war in Ukraine, taking what other G7 leaders thought was a more realistic position regarding the conflict, Canadian Prime Minister Mark Carney said on Wednesday.

Carney's Discussions with Trump

Wide Range of Subjects Covered

Speaking during the G7 summit in Evians-les-Bains, France, Carney said he had seven or eight discussions with U.S. President Donald Trump in the past 36 hours on a wide range of subjects, including Canada's Chinese electric vehicle cap, the structure of which Trump liked.

Canada's LNG Production and Trade Goals

LNG Production Targets

Separately, Carney said that Canada was on track to produce 150 megatons of LNG by the end of the year and that his aim was to complete his country's trade deal with India by the time of the G20 summit in November.

Reporting Credits

(Reporting by Inti Landauro, editing by Makini Brice)

Key Takeaways

  • Carney noted multiple discussions with Trump, who reportedly welcomed Canada’s structure for capping and lowering tariffs on Chinese EV imports, signaling a shift toward realism on Ukraine.
  • Canada aims to produce 150 megatonnes of LNG by end of 2026 and hopes to finalize a trade deal with India by the November G20 Summit.
  • Canada’s approach to Chinese EVs—a 6.1 % tariff and a cap of 49,000 vehicles—has elicited both U.S. scrutiny and support, with Trump expressing approval in informal G7 exchanges.

Frequently Asked Questions

How has the US changed its view on the war in Ukraine?
The US and President Trump have adopted what G7 leaders consider a more realistic position regarding the Ukraine conflict.
What topics did Canadian PM Mark Carney and President Trump discuss at the G7 summit?
They discussed a range of subjects, including Canada's Chinese electric vehicle cap and LNG production.
What is Canada's goal for LNG production in 2024?
Canada aims to produce 150 megatons of LNG by the end of 2024.
What is the timeline for completing Canada's trade deal with India?
Carney aims to complete the Canada-India trade deal by the G20 summit in November.

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