EU and Canada to seal broader, deeper alliance in Trump's long shadow

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1. 1h ago

   EU and Canada to deepen alliance amid global uncertainty

   The European Union and Canada are set to strengthen their partnership at a summit in Montreal, amid growing global uncertainty and trade tensions. The two sides are expected to sign a new agreement that will bring their relationship to unprecedented depth and breadth. This move is seen as a response to the increasingly protectionist trade policies of the US under Donald Trump.

   Why it matters

   The EU and Canada have long been close partners, but the current global landscape has made them realize the importance of deepening their ties. The US, under Donald Trump's presidency, has been imposing tariffs on several countries, including Canada and EU member states. This has prompted the EU and Canada to seek closer relationships with each other and other like-minded countries.

   What is confirmed

   • The EU has proposed to make Canada its first associate member
   • Canada and the EU share the challenge of diversifying their trade relationships without antagonizing the US and China
   • The EU and Canada signed a digital trade deal amid Trump's trade threats
   • EU leaders call Canada 'most European of non-European countries' as they pursue closer ties

   Still unconfirmed

   • The alliance is open to other countries and is conceived for a world 'shaken by new storms'

   What to watch next

   • The outcome of the EU-Canada summit in Montreal
   • The impact of the new alliance on EU and Canada's trade relationships with the US and China
   • The potential expansion of the alliance to other countries
   Sources used for this update (18)

   1. www.euronews.com — French debt | Euronews
   2. elderofziyon.blogspot.com — 10/27 Links Pt1: Netanyahu and His Main Opponent Disagree - but Not on Israel's Security; Gal Gadot: ‘Each of us has the chance ....
   3. Politico — Von der Leyen can’t let go
   4. Defense News — At pivotal summit, Canadian-European security cooperation is a central focus
   5. politico.eu — Canada and Europe share challenge of diversifying without antagonizing US and China
   6. www.tbsnews.net — What is behind Canada and the EU’s push for a deeper alliance?
   7. cashwalklabs.io — GM will switch to Nasdaq from the NYSE on Nov. 17
   8. CBC — Carney points to EU's strong belief in democracy as political winds shift for 2 largest members
   9. Euronews.com — EU and Canada to seal broader, deeper alliance in Trump's long shadow
   10. WRAL — Canada and EU seek closer ties beyond US as leaders push associate membership
   11. Bloomberg — EU and Canada Seek to Cement Alliance at Montreal Summit
   12. TD Economics — How Much Can Europe Help Canada Diversify Its Trade?
   confidence 85%