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.

EU, Canada, US Can Work Jointly to Curb Trade Deficit With China Despite Brussels’s Invitation to Ottawa, Analysts Say

TL;DR

  • 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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