EU, Canada, US Can Work Jointly to Curb Trade Deficit With China Despite Brussels’s Invitation to Ottawa, Analysts Say
Besides trade tools, political leverage and unity among Western allies would be crucial in countering China’s economic expansion, experts said.
The EU has proposed Canada become an associate member to reduce supply chain dependence on China, with European Commission President Ursula von der Leyen outlining plans to deepen cooperation. While the US and Canada have distinct responses to this suggestion, analysts believe joint efforts to achieve the goal of reduced reliance on China are still feasible.
- The EU proposed Canada become an associate member to reduce reliance on China’s supply chains.
- European Commission President Ursula von der Leyen announced the plan to deepen cooperation with Canada.
- The US and Canada have different reactions to the EU’s proposal.
- Analysts believe cooperation between the three parties on reducing dependence on China is still possible.
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