Canada and EU deepen ties as allies rethink reliance on US economy
By CGTN
Community Score: 50% | 3.1K views | 3w
0 community ratings: null thumbs up, null thumbs down
Canada and the European Union are exploring deeper economic and strategic ties as questions grow about their reliance on the US 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 of Global Affairs Canada's China Division and director at StrategyCorp, about growing mistrust of the US among key allies, as European central banks reconsider where their gold reserves are held. 00:00 Canada and Europe rethink US economic dependence 01:05 Why Canada is diversifying beyond the US 02:06 Could Canada deepen ties with the European Union? 03:21 Why US allies are diversifying global trade 04:56 Can the US dollar's global dominance be challenged? #bizshow #gold #goldreserves #canadaeu #eu #canada #geopolitics Video: 📺 Subscribe to our YouTube channe
Tags: CGTN, News, China, China news, Breaking news, Current news, Chinese news, CGTN NEWS, CGTN Live, Live CGTN
More from CGTN
- Jeffrey Sachs: US and Israel underestimated Iran — Score: 50%
- Key outcomes of the China-US economic, trade talks in Paris — Score: 50%
- Israeli Prime Minister posts video to prove he is alive #worldnow — Score: 50%
- China's Kuaizhou-11 Y7 rocket launches eight new satellites #coolchina — Score: 50%
- Trump says he 'demands' 7 countries escort ships through Strait of Hormuz #worldnow — Score: 50%
- Live ship tracking map showing the Strait of Hormuz — Score: 50%