New Leader of Canada's Ruling Party and Successor to Justin Trudeau Identified

According to official results announced on Sunday, Mark Carney, former Governor of the Bank of Canada, has won the leadership race for the ruling Liberal Party and will succeed Justin Trudeau. Carney takes charge of Canada during a tumultuous time, as the country is in the midst of a trade war with its long-time ally, the United States, and is set to hold a general election soon. The 59-year-old Carney defeated former Finance Minister Chrystia Freeland with 86% of the votes, with nearly 152,000 party members participating in the election. Carney stated that Canada will maintain retaliatory tariffs until 'the Americans respect us.' Justin Trudeau resigned from his position as leader of the Liberal Party in January but said he would remain at the head of the government until the election and the appointment of a new prime minister. Mark Carney previously worked as an executive at Goldman Sachs and spent 13 years in London, Tokyo, New York, and Toronto. He was appointed Deputy Governor of the Bank of Canada in 2003. Portions of this report are sourced from Reuters and the Associated Press. Canada has sanctioned three individuals and four entities linked to the Islamic Republic. Trump delayed the imposition of certain tariffs on imports from Mexico and Canada. Canada: The Iranian government is seeking to 'spread misinformation.' Temporary exemption for American automakers from Trump's heavy tariffs.