Canada Builds Trade Alliance to Bypass Trump’s US
Ottawa is actively working to connect the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) with the European Union, aiming to establish a significant new trading bloc. Talks are underway this year between the two blocs to align supply chains and establish unified “rules of origin.” This initiative seeks to facilitate smoother, low-tariff trade by allowing manufacturers across the approximately 40 participating nations to integrate their production processes through a system known as cumulation.
John Q. Hosedrinker