Carney’s Asia Push: Canada Navigates Shifting Alliances and Reduces US Trade Reliance
Canada’s Carney visits Asia to forge new alliances and reduce US dependence
The economic landscape is shifting, and it’s becoming increasingly clear that the era of unwavering US trade dominance is waning. Germany, for instance, now trades more with China than with the United States. This isn’t a sign of malice, but a strategic adjustment, a recognition that over-reliance on a single trading partner, even a close one, can create vulnerabilities. Canada, it seems, is now embarking on a journey to diversify its economic partnerships, a course it perhaps should have charted much earlier.
This isn’t about severing ties; there will always be a significant trade relationship with the US, driven by geography and shared interests.… Continue reading
Matt Underwood