Monday, May 1, 2017

Europe beckons to counter Trump

The European Union is trying to drum up business in Canada because of United States President Donald Trump’s disdain for trade.

The EU's agriculture minister, Phil Hogan, is heading a trade mission of 60 companies coming to Canada after skipping Washington where Hogan was last week.

And he says he's confident Parliament will ratify the Canada-EU free trade deal before the summer break, which will mean more than 90 per cent of it will take effect under what is called provisional application.

Negotiations towards a similar EU-U.S. trade deal are not officially dead, but Hogan says that with Trump in the White House, they are currently on hold.

He says Trump's anti-trade policies represent an opportunity for Canada and the EU to build on trade links with each other and with other non-U.S. partners.