KUALA LUMPUR - Prime Minister Mark Carney took a veiled shot at the Trump administration's trade policy on Sunday, highlighting Canada's reliability and steadiness without naming the United States or calling out the president directly.

"We value a rules-based system. We respect trade agreements and the rule of law. We value the free exchange of goods, capital and ideas," Carney said at the Association of Southeast Asian Nations leaders summit in Malaysia.

Those comments seemed intended to draw a sharp contrast with U.S. President Donald Trump, who threatened late Saturday night to hike tariffs on Canada over an anti-tariff TV ad the Ontario government has been running in U.S. markets.

Trump's pronouncement came as he was en route to Malaysia himself.

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