✉news WorldEU Politics first seen 3 h ago, last 1 h ago, peak #22
Canada and Europe face shared challenge of diversifying trade ties
Original: Canada and Europe share challenge of diversifying without antagonizing US and China
Canada and Europe are both working to reduce their economic and strategic dependence on the United States and China, according to a POLITICO analysis. Both face the same dilemma: broadening trade and security partnerships without provoking retaliation from Washington or Beijing. Policymakers on both sides are weighing closer cooperation with each other as part of that effort.
Why now: Trade diversification is a pressing policy debate as both regions seek to hedge against economic dependence on the US and China.
CanadaEuropean UnionUnited StatesChina
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