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Carney Pitches Canada-Europe Alliance Amid Trump Trade Threat

Carney Pitches Canada-Europe Alliance Amid Trump Trade Threat
‘No one is going to dictate’: Carney hits back at Trump’s trade threat, pitches ‘new alliance’ with Europe · firstpost.com

Canada wants to work more closely with Europe as disagreements with the United States grow.

Prime Minister Mark Carney said Canada and Europe could be stronger together.

He suggested cooperation on technology, defence, energy and important raw materials.

European Commission President Ursula von der Leyen proposed giving Canada a new kind of partnership with the European Union.

This would be less than full membership, but the details are not settled.

US President Donald Trump objected to the idea.

He threatened very serious tariffs or possibly stopping trade with Europe.

Carney said no country should dictate whom Canada works with.

Canada and the European Union plan to discuss the relationship further at a summit in Montreal next month.

Key facts

Proposed status
Canada could become the European Union’s first “associate member,” though the details remain unclear.
Carney’s position
Canada welcomes the ambition and says no one will dictate its international agreements or culture.
Trump’s response
Trump called the proposal “laughable” and threatened serious tariffs or stopping trade with Europe.
Potential cooperation
Areas include artificial intelligence, defence, energy, critical raw materials, digital trade, space and payments.
Existing trade agreement
The European Union and Canada already have the Comprehensive Economic and Trade Agreement, which abolished almost all tariffs.
Trade growth
Trade in goods and services between the European Union and Canada has increased by more than 80 percent since 2016.
Approval requirement
European Union member states must approve any form of partnership with a non-EU country.

Quotes

Mark Carney

Prime Minister of Canada

“We are pursuing resilience so no one, no one can control our open markets, impair our sovereignty, threaten our territorial integrity, or undermine our freedoms, our democracies, our rule of law.”
firstpost.com
“No one is going to dictate our culture, or with whom we can strike agreements internationally.”
firstpost.com

Sources

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