Friday, October 31, 2025

Carney says it’s a new world


 

The world of trade based on rules and gradually relaxing protectionism is gone and it’s the biggest global shift since the fall of the Berlin Wall, 

Prime Minister Mark Carney told a meeting of the Asia-Pacific Cooperation group in South Korea.


He said that’s why Canada is embarked on a mission to double its exports to countries other than the United States.


Also at the conference, he met with Chinese leader Xi Jinping and they agreed to meet again to rebuild relationships that have been strained for the last seven years.


Carney will no doubt be pushing for the Chinese to drop new tariffs on canola and peas and  Xi Jinping will probably want Canada to lower its 100 per cent tariff on electrical vehicles.


Another issue is China’s interference in Canadian elections. That’s also an issue with India.