Canadian Prime Minister Mark Carney said Wednesday that negotiations with President Trump on the U.S.-Canada economic and security relationships will start after the Canadian federal election.

“The pause on reciprocal tariffs announced by President Trump is a welcome reprieve for the global economy,” Carney said in a post on the social platform X.

“As President Trump and I have agreed, the U.S. President and the Canadian Prime Minister will commence negotiations on a new economic and security relationship immediately following the Federal election,” he added.

Carney previously called for a federal election later this month, saying in a post on the social platform X in late March that he had “just asked the Governor General to dissolve Parliament and call a federal election on April 28.”

In the first few months of Trump’s presidency, tensions over trade have erupted between the U.S. and Canada, straining a commonly warm relationship. Both Carney and his predecessor, former Prime Minister Justin Trudeau, have gone after Trump due to tariffs.

On Wednesday, President Trump ratcheted up tariffs to 125 percent on China and implemented a 90-day pause on “reciprocal” tariffs against all other trading partners except China.

“As part of today’s announcement, the President has signaled that the U.S. will engage in bilateral negotiations with a number of other countries. This will likely result in a fundamental restructuring of the global trading system,” Carney said in his X post on Wednesday.

“In that context, Canada must also continue to deepen its relationships with trading partners that share our values, including the free and open exchange of goods, services, and ideas,” he added.