Zincwarrior
Diamond Member
Canada's PM has promised to double non US exports in ten years. I am sure an increased relationship with China won't be a problem for us.
Trump’s tariffs are pushing Canada closer to China and India
Prime Minister Mark Carney has promised to double non-U.S. exports by 2035. That means making up with two of Canada’s greatest adversaries.TORONTO — The week after an anti-tariff ad funded by Ontario pushed President Donald Trump to halt trade talks with Canada, Prime Minister Mark Carney was having a far more cordial encounter with the unlikeliest of world leaders: Chinese President Xi Jinping.
Sino-Canadian ties cratered in 2018, when China detained two Canadians in what was widely viewed here as hostage diplomacy. Canadian security officials have accused Beijing of conducting espionage, interfering in elections and threatening critics here. China denies the claims. Both nations have expelled each other’s diplomats and put tariffs on each other’s goods.
But after this month’s meeting on the sidelines of the Asia-Pacific Economic Cooperation summit, the first between a Canadian prime minister and Chinese president since 2017, Carney heralded a “turning point.” Xi even invited him to China, and he RSVP’d in the affirmative.
The developments, which would have been improbable as recently as a year ago, are another indication of how Trump’s tariffs on Canadian goods and threats to make the country the 51st state are scrambling Ottawa’s economic and political alliances.
Leaders here are now seeking to shift the economy from “reliance to resilience” by diversifying trade away from the United States, the destination for more than 75 percent of its exports. They’ve set a goal of doubling non-U.S. exports by 2035.
“The rules-based international order and the trading system that powered Canada’s prosperity for decades are being reshaped — threatening our sovereignty, our prosperity and our values,” the government says in its budget, unveiled this month. “In the process, we must redefine Canada’s international and security relationships. This is not a transition. It is a rupture.”
Carney won April’s election by casting himself as the person best placed to manage that rupture. Now he’s eyeing a cautious rapprochement with not only China but also India and other nations with which Canada has had strained relations.