James Kynge
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Podcast Appearances
I mean, it's a good thing for him to sign a trade deal.
If you can get a deal with China, you should do that.
So, so far, it seems that Trump is moderating his response.
But I would say that, you know, there is a risk for these allies of the United States.
I'm talking about Canada, the UK and really the whole of Europe.
There is a risk because the U.S.
remains the most substantial economic and security partner of all of the countries in the West.
And in the case of Canada, it's overwhelmingly so.
Something like 74% of Canada's trade is with the U.S.
and, you know, less than 10% with China.
And in the U.K., I mean, it's overwhelming.
Mm-hmm.
Our biggest investment and trade relationship, not to mention diplomatic and security relationship, is with the United States.
So I think that, you know, there is a tightrope that these countries in the West are walking.
They're trying to get the economic benefit of moving closer to China without annoying the United States so much that Washington creates a backlash against us.
So it's a game of cat and mouse, I think, right now.
And, you know, the world is so complicated right now.
It's going to be interesting to see how this one plays out.
I certainly couldn't call it.
Yeah, it's really hard to overstate how exercised people are in Europe about Greenland.