Canada Eyes EU Alliance Amid Trade Tensions | Business and Finance News

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Recorded17 Sep 2026

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Canada’s Prime Minister Mark Carney is pushing to elevate Canada to an “associate member” status within the EU, framing it as a strategic move to build mutual resilience against global economic pressures — including U.S. tariffs and weaponized supply chains. Backed by EU Commission President Ursula von der Leyen, the proposal aims to deepen cooperation beyond their existing CETA trade deal, focusing on AI, climate, and security. But the plan has drawn sharp criticism from President Trump, who called it “laughable” and warned of retaliatory tariffs, escalating tensions as Canada already faces trade friction with the U.S. Meanwhile, Carney also met with UK PM Andy Burnham to reinforce Western alliances, signaling a broader shift toward strengthening transatlantic partnerships amid rising global uncertainty. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Sources:https://www.cnbc.com/2026/09/17/carney-canada-eu-associate-member.html More coverage & latest updates:https://sources.thednn.ai/355cbd3242580ddc Report issues to [email protected].

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