Canada's incoming Prime Minister Mark Carney said Wednesday he's ready to meet with U.S. President Donald Trump if he respects Canadian sovereignty and is open to talk about a common approach to trade.

Mark Carney will be sworn in as Canada's next prime minister on Friday after Justin Trudeau officially resigns, media outlets reported Wednesday.

Mark Carney is a newcomer to elected politics, with decades of experience in finance. After his landslide victory, he pledged to continue tariffs on the U.S. "until the Americans show us respect."