The Canadian prime minister is spearheading discussions between the EU and a major Indo-Pacific trade bloc after calling on middle powers to join forces.

cross-posted from: https://lemmy.ca/post/60523725

LONDON — Two of the world’s biggest trading blocs are cautiously eyeing closer ties to short-circuit Donald Trump’s tariffs.

The European Union and a 12-nation Indo-Pacific bloc are opening talks to explore proposals to form one of the largest global economic alliances, multiple people with knowledge of the talks told POLITICO.

Canada is spearheading the discussions after Prime Minister Mark Carney called on middle powers to buck trade war coercion last month, days after Trump threatened to raise tariffs on Denmark’s European allies if it didn’t cede Greenland.

Ottawa is “championing efforts to build a bridge between the Trans-Pacific Partnership [CPTPP] and the European Union, which would create a new trading bloc of 1.5 billion people,” Carney told world leaders and the global business elite in Davos.

  • fourish@lemmy.world
    11·
    2 days ago

    Watching a super power self destruct from within because of one grifter is quite an experience.

    • DarylInCanada@lemmy.ca
      3·
      17 hours ago

      This is not about Trump. Trump is the symptom, the poster boy, not the cause. There are deeper powers than Trump that are causing the American collapse. These powers are just giving Trump the room to maneuver, and letting him rip. Trump is just the lose cannon they are using to destroy everything. They don’t care what he does, as long as he keeps destroying things.

  • panda_abyss@lemmy.ca
    393·
    2 days ago

    Donating to get Carney elected is one of the best political decisions I’ve ever made.

    Legitimately I’m proud of the work he’s done in under a year.

    Canada is not broken, but we did need better leadership and to really come together and work as a team again.

  • DarylInCanada@lemmy.ca
    5·
    2 days ago

    The New World Order. It’s not just about creating a trading bloc of 1.5 billion people. it is about creating a trading bloc of 1.5 billion people who are at the same standard of living as the average American. (And that does not even include the Indian or Chinese market). It is that last bit - the fact that the standard of living of ‘the rest of the world’ is now equivalent to the average American standard of living, PPP. America just has not got the memo - Americans are no longer the ONLY middle-income consumers, there are now billions of people in the world that are at the same level as the average American, in spending power PPP. In the last three decades or so, America has shifted from ‘the ONLY market’ to ‘just a part of the global market’.