Leadership Shift in Canada Amid Trade Tensions: The Liberal Party's Crucial Decision

The Liberal Party of Canada is poised to announce Justin Trudeau's successor as Prime Minister amidst a trade war with the U.S. Former banker Mark Carney is the front-runner, backed by most party members. The decision comes as the party tries to recover its standing before potential elections.

The Canadian Liberal Party is set to unveil a new leader this Sunday, succeeding Prime Minister Justin Trudeau in a crucial moment marked by economic tensions with the United States.

Ex-central banker Mark Carney leads the pack amid strong party backing, with two-thirds of Trudeau's cabinet and a significant portion of party members rallying behind him.

This unexpected rallying around Carney, an outsider to politics but highly experienced in financial governance, sparks hope of a revival for the Liberals as they face off against a potentially volatile U.S. administration under Trump's continuing tariff threats.

(With inputs from agencies.)