Canada Expands Global Trade Horizons Amid U.S. Shift

News Snapshot:

Canada is actively seeking to expand its global trade partnerships, aiming to reduce its dependency on the United States, which currently accounts for the majority of its trade. Minister Maninder Sidhu is advancing discussions with the South American Mercosur bloc, involving Brazil, Argentina, Paraguay, and Uruguay, highlighting a mutual interest to finalize a trade agreement. Prime Minister Mark Carney, in parallel efforts, is negotiating to secure a trade deal with U.S. President Donald Trump, potentially reducing tariffs and improving economic relations. Meanwhile, robust dialogues with China aim to address existing trade challenges and opportunities, targeting a range of products from...