Carney’s China Embrace Widens Gap With US in Trump’s Tariff Era
Bloomberg.com • • world
Key Points:
- Mark Carney stated that China has become a "more predictable" trading partner than the US, signaling a shift in global economic alliances.
- He emphasized the need for stronger ties with Beijing as a "new world order" emerges.
- Canada’s prime minister secured a deal with Chinese President Xi Jinping to facilitate electric vehicle and auto investments from China.
- This agreement marks a significant change from previous trade relations, which would have been unlikely if Donald Trump had won a second term as US president.
