The diplomatic fallout from remarks made at the World Economic Forum in Davos has intensified, with former US President Donald Trump withdrawing Canada’s invitation to join the Gaza Peace Council. The decision followed sharp criticism from Canadian Prime Minister Mark Carney over US trade policies and was announced by Trump through social media.

Addressing a gathering at the World Economic Forum, Carney warned that the global order under US dominance was moving toward instability rather than progress. He argued that economic agreements originally designed for shared prosperity are increasingly being used as strategic tools by powerful nations. According to Carney, unequal trade rules are being imposed, undermining long-held beliefs that geography and global alliances alone could ensure national security and economic growth.

Meanwhile, concerns over Washington’s global standing were echoed by leading financial institutions. JPMorgan Chase Chief Executive Jamie Dimon, speaking on the sidelines of the Davos summit, cautioned that the United States risks losing international credibility due to its tariff-driven policies.

Dimon noted that growing dissatisfaction with US trade decisions could push affected nations closer together. He referenced recent diplomatic engagements by Canada, including Prime Minister Carney’s visit to China and the likelihood of further outreach to India, as signs of shifting global alignments in response to Washington’s stance.