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Canada Defining The New World Order For Us
Prime Minister Mark Carney has signalled a major shift in Canada’s foreign and trade policy, emphasizing pragmatism over ideals with the message: “We take the world as it is, not as we wish it to be.” This approach underpins a new deal with China that eases Canada’s steep tariffs on Chinese electric vehicles in exchange for China lowering retaliatory tariffs on Canadian agricultural products and easing travel restrictions.
The agreement reflects Canada’s effort to diversify its economic relationships amid growing uncertainty with the United States, its largest trade partner. While the deal has been welcomed by agricultural producers, particularly in Western Canada, it has drawn criticism from leaders in Ontario’s auto sector who warn of job losses and increased competition from Chinese EV makers. Experts say the move signals Canada’s willingness to act independently of the US and prepare for a future in which North American free trade may be less certain, marking the beginning of a broader recalibration of Canada’s global trade strategy.
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Source: http://www.edegrootinsights.com/2026/01/in-news-economy-politics-canada.html
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