Mark Carney is a newcomer to elected politics with decades of experience in finance. After his landslide victory, he pledged to continue tariffs on the U.S. "until the Americans show us respect."

Carney will become Canada's prime minister after the governing Liberal Party elected him its leader in a landslide vote.

Canada’s new leader previously denounced Trump’s planned tariffs on the country, saying Canadians would “stand up to a bully.”