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15.09.26 - 23:42
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Manufacturers Set To Move Production Out Of Canada As US Tariffs Hit Hard (ZeroHedge)
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Manufacturers Set To Move Production Out Of Canada As US Tariffs Hit Hard
The circumstances of US/Canadian trade should be common knowledge by now, but the details often get mired in the swamp of political rhetoric. When Canadian Prime Minister Mark Carney describes the tariff issue as the US "waging war" on Canada, he knows exactly what he's doing. Carney has turned a simple trade issue over reasonable 10% tariffs into an existential crisis, an invasion, an ethnic cleansing, a last stand against "evil" imperialists.
But getting the Canadian public riled up with delusions that they are underdog insurgents will not help them keep manufacturing companies or domestic jobs. There is no reason to "endure" a trade war involving 50% tariffs that can be easily solved by simply taking the sweetheart deal that was offered to them. Carney could easily wait Trump out and try to renegotiate once a new president is elected. Unless, there's an alternative agenda ...
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15.09.26 - 21:24
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Carney says Canada will pursue ′unique economic alliance′ with EU amid US trade spat (The Guardian)
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Prime minister speaks of strengthening Canada's economic and political ties to Europe at Canada Investment SummitMark Carney said Canada will pursue a “unique security and economic alliance” with Europe as he positions his country as a base to build in the “new global economic order”.Speaking to investors, company executives and government ministers at the inaugural Canada Investment Summit on Tuesday, the prime minister pitched Canada as a “safe harbour” and lucrative home for foreign capital as his government looks to reduce its reliance on trade with the United States. Continue reading......
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15.09.26 - 21:06
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John Healey in talks with Canada about UK joining new global defence bank (The Guardian)
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Exclusive: Britain is understood to have been formally invited to become founding member of multilateral lenderJohn Healey is in talks with the Canadian government about joining a new global defence bank intended to help allies rearm to counter mounting security threats, just weeks after Rachel Reeves rejected the move.The chancellor is understood to be actively considering a bid to join the proposed Canada-led defence, security and resilience bank (DSRB), which proponents say could help the UK fund defence projects at lower cost, before planned talks with his Canadian counterpart this week. Continue reading......
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15.09.26 - 19:12
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Wie können die EU und Kanada enger zusammenarbeiten? (DW)
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Kanadas Premier Mark Carney ist für seine klare Kante gegenüber US-Präsident Trump bekannt. Nun reist er nach Europa. Auf seinem Wunschzettel: Eine "einzigartige Allianz" mit der EU. Wie könnte diese aussehen?...
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