Mark Carney will be sworn in as Canada's 24th Prime Minister on Friday, succeeding Justin Trudeau amid US tariff challenges and potential snap elections.

Mark Carney will be sworn in as Canada’s next prime minister on Friday, marking the final day of Justin Trudeau’s more than nine years in power. Governor General Mary Simon will preside over the swearing-in of Carney and his cabinet ministers, her office said in a statement.

Mark Carney stepped into the international spotlight Sunday when Canada's ruling Liberal party chose the former central banker to succeed Justin Trudeau as the country's next prime minister.

Prime minister-designate's comments follow Canada's reciprocal tariffs on US imports after Trump slapped taxes on steel and aluminium.

As Trump imposes sweeping 25% tariffs on steel and aluminum, Mark Carney, leader of Canada’s ruling Liberal Party, told workers at a steel mill in Hamilton, Ontario that the country’s leadership was ready to sit down with the US “under a position where there’s respect for Canadian sovereignty.

Canada ‘ready to sit down’ with Trump As Trump imposes sweeping 25% tariffs on steel and aluminum, Mark Carney, leader of Canada’s ruling Liberal Party, told workers at a steel mill in Hamilton, Ontario that the country’s leadership was ready to sit down with the US “under a position where there’s respect for Canadian sovereignty.