Carney says Canada's relationship with China has become "more predictable" than that with the US, as his country searches for trade certainty.

cross-posted from : https://lemmy.zip/post/57182782

Carney told reporters on Friday that “the world has changed” in recent years, and the progress made with China sets Canada up “well for the new world order”.

Canada’s relationship with China, he added, had become “more predictable” than its relationship with the US under the Trump administration.

  • realitista@lemmus.orgEnglish
    29·
    1 day ago

    For economic integration, unpredictability is a non-starter. People don’t want to prefer China, but at least it’s possible to do business with them.

    • The_v@lemmy.worldEnglish
      17·
      20 hours ago

      Trade takes time and effort to develop. There is infrastructure to build, relationships to form, cultural conflicts to overcome, and systems to develop and optimize.

      Trump has tossed his big old poopy diaper into the middle of a century of effort. Its not a system that will collapse overnight, the 5-10 year plan of all trading partners today is “How to fuck over the U.S. without fucking over ourselves”.

      The U.S. is heading towards decades of economic depression and stagnation.