Canada and EU deepen ties as allies rethink reliance on the U.S. economy
By CGTN America
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Canada and the European Union are exploring deeper economic and strategic ties as questions grow about their reliance on the U.S. economy and financial system. Canada is considering a closer relationship with the EU, including a proposed “associate membership” framework that would deepen cooperation in areas such as trade, defense, energy and critical minerals. CGTN's Sally Ayhan spoke with Jeff Mahon, Former Deputy Director at Global Affairs Canada's China Division and Director at StrategyCorp, about the growing mistrust of the U.S. by key allies, while European central banks reconsider where their gold reserves are held. 00:00 Canada and Europe rethink U.S. economic dependence 01:05 Why Canada is diversifying beyond the U.S. 02:06 Could Canada deepen ties with the European Union? 03:21 Why U.S. allies are diversifying global trade 04:56 Can the U.S. dollar's global dominance be challenged? #bizshow #gold #goldreserves #canadaeu #eu #canada #geopolitics Watch CGTN LIVE on
Tags: CGTN, Canada, Carney, European Union, Trump, US Economy, bizshow
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