„Die Welt hat sich verändert“: Kanada will die Handelsbeziehungen mit Europa inmitten von Zollbedenken vertiefen
https://www.ctvnews.ca/canada/article/the-world-has-changed-canada-looks-to-deepen-trade-ties-with-europe-amid-tariff-concerns/
„Die Welt hat sich verändert“: Kanada will die Handelsbeziehungen mit Europa inmitten von Zollbedenken vertiefen
https://www.ctvnews.ca/canada/article/the-world-has-changed-canada-looks-to-deepen-trade-ties-with-europe-amid-tariff-concerns/
2 Kommentare
News snippet: Canada is ramping up efforts to deepen trade ties with Europe as it prepares for high-stakes talks over the future of the Canada-United States-Mexico Agreement (CUSMA) and faces renewed uncertainty over U.S. tariffs.
Finance Minister François-Philippe Champagne capped off a week of diplomacy with a visit to Denmark, where he met with European Union finance ministers to promote Canadian critical minerals, energy exports and defence capabilities.
Europe is easy, relatively speaking. It’s a largely culturally and geopolitically aligned, saturated market that we have lots of experience selling to and buying from. There are no tradeoffs needed to eke out the bits of extra trade that we can from that direction.
But that’s not where the world’s growth is, and not where the future demand is. If we want to pivot away from the US, then we need to figure out how to do business with rapidly growing countries that are far less aligned with Canada’s worldview and geopolitical priorities. Those countries and the US will remain the primary sources of growth in the 21st century.
And it’s that second part that isn’t so easy for the federal government, or for Canadians, to reckon with. What are the tradeoffs we would actually have to make in trading with (for example) China? Or rebuilding the relationship with India? Neither of those countries think of us as an equal, and both target us with their foreign interference campaigns.
We haven’t really thought it through – and whatever we do will come with deep political and social costs. That’s the far harder thing to do compared to eking out marginal gains from saturated markets in Europe and US-aligned East Asia.