EU, CPTPP Eye Major Economic Alliance to Counter Trump Tariffs
Citing multiple diplomatic sources, the publication revealed Monday via the social media platform X that the two powerful blocs are actively pursuing closer economic integration — a move widely seen as a direct response to escalating trade pressure from U.S. President Donald Trump.
Canada is spearheading the push, following Prime Minister Mark Carney's call last month for middle powers to stand firm against trade war coercion. The proposed arrangement would tighten supply chain links between Europe and key CPTPP members — among them Canada, Japan, Singapore, Mexico, Vietnam, Malaysia, and Australia.
At the heart of the agreement lies a framework governing so-called "rules of origin" — the technical standards that determine a product's economic nationality. The deal would also establish a low-tariff structure, allowing manufacturers across both blocs to trade goods and components with significantly fewer barriers.
The initiative is poised to unite approximately 40 nations under a unified trade architecture.
A Canadian government official confirmed progress is underway, telling media: "The work is definitely coming along."
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