Mark Carney, an economist and political newcomer, will be sworn in as Canada's new prime minister on Friday, just days after being elected leader of the governing Liberal Party.

Ex-central banker Mark Carney was sworn in as prime minister of Canada on Friday and immediately said he could work with U.S. President Donald Trump, who is promising tariffs that could devastate the Canadian economy.

Former central banker Mark Carney is now the prime minister of Canada after being sworn into office in Ottawa. Carney, who has never held office as an elected official, swore an oath of allegiance to King Charles III on Friday at Rideau Hall before jointly signing his official appointment with Governor-General Mary Simon.