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demmiblue

(38,236 posts)
Fri Feb 28, 2025, 06:10 PM Feb 28

Canada Says New Economic and Security Partners Needed Due to U.S. Policy Shift

Source: MSN/WSJ

OTTAWA—Canadian Foreign Minister Melanie Joly said her country needs deeper economic and security ties with Europe and parts of Asia due to the geopolitical shift unfolding under President Trump.

“We have not necessarily had the reflex to diversify trade, and we’ve been overreliant on the U.S.,” Joly said Friday at a business event in Vancouver, British Columbia. “We need new alliances and new partnerships. We need to diversify, not only the trade side, but also on the security front.”

Trump said this week he is on course to place tariffs of up to 25% on imports from Canada starting March 4. Nearly 20% of Canada’s gross domestic product is tied to exports to the U.S. Officials from the Bank of Canada, the central bank, have warned that a prolonged trade conflict between Ottawa and Washington would have severe repercussions for the economy.

“When they negotiate with us, they don’t only talk about trade, they actually talk about a series of different topics,” Joly said of talks to avert tariffs on the country’s U.S.-bound exports. She added Canadian officials have repeatedly warned U.S. officials and lawmakers that hefty tariffs on Canadian imports will result in higher prices for U.S. consumers and potential job losses, given the integration between the two economies.

Read more: https://www.msn.com/en-us/politics/international-relations/canada-s-foreign-minister-says-new-economic-security-partners-needed-amid-shift-in-u-s/ar-AA1A0H2V

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Canada Says New Economic and Security Partners Needed Due to U.S. Policy Shift (Original Post) demmiblue Feb 28 OP
Maybe China can lend Canada a hand, or would our tanks dem4decades Feb 28 #1
I see that Europeans are saying the same things. WestMichRad Feb 28 #2
This could be a trend BeyondGeography Feb 28 #3
Very Best Good Luck to Canada & Cha Mar 1 #4

dem4decades

(12,626 posts)
1. Maybe China can lend Canada a hand, or would our tanks
Fri Feb 28, 2025, 06:17 PM
Feb 28

Roll over the northern border of that were to happen?

WestMichRad

(2,237 posts)
2. I see that Europeans are saying the same things.
Fri Feb 28, 2025, 08:11 PM
Feb 28

I can’t blame them. This idiot wants to blackmail them on everything.

The approaching economic slump may prove to be much worse than a recession.

Way to go, Idiot-in-Chief.

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