bookwyr.meCarney constructs a mega anti-Trump trade alliance
www.politico.eu/article/eu-and-indo-pacific-blo…
cross-posted from: https://lemmy.ca/post/60523725
LONDON — Two of the world’s biggest trading blocs are cautiously eyeing closer ties to short-circuit Donald Trump’s tariffs.
The European Union and a 12-nation Indo-Pacific bloc are opening talks to explore proposals to form one of the largest global economic alliances, multiple people with knowledge of the talks told POLITICO.
Canada is spearheading the discussions after Prime Minister Mark Carney called on middle powers to buck trade war coercion last month, days after Trump threatened to raise tariffs on Denmark’s European allies if it didn’t cede Greenland.
Ottawa is “championing efforts to build a bridge between the Trans-Pacific Partnership [CPTPP] and the European Union, which would create a new trading bloc of 1.5 billion people,” Carney told world leaders and the global business elite in Davos.
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mercI like the idea of working around the US. But, I don’t like that these trade deals are typically designed to help big businesses, not individuals. Like, even back in the good ol’ days when NAFTA was in place, maybe Canadian businesses could import from the US without any tariffs. But, I, as an individual consumer, couldn’t buy something from the US without being hit with a big duty payment. In addition, the deals often have things in them that prevent participating countries from having sane laws if those laws interfere with businesses at all. For example, the only reason that anti-circumvention measures exist in Canada is that it was a condition of trade deals that Canada adopt the worst parts of the DMCA.
Future deals should allow individual people to buy things cheaply overseas, and not just allow businesses to do that. They should also address the freer movement of people between countries. And, they shouldn’t prevent countries from adding laws that protect people or the environment.
You could buy American-made products duty free. You could not buy anything available in America without paying duty, provided those items would have duty or additional taxes applied if they were imported into Canada. So, taxes on American alcohol, because we have additional taxes on alcohol. Taxes on Chinese goods in America, because we have different tariffs in Canada than they do in America. Etc., etc.
The world is slowly cutting off trade with the Untied States. And deservedly so. Put the Untied States on time out until it behaves
The European Union and a 12-nation Indo-Pacific bloc
Politico forgetting the UK is a CPTPP country as well.
I remember a lot of jokes from EU politicians about how silly an idea it was. How the turn tables eh?
No need to gloat. You’re still not in the EU. Happy with your blue passport, eh?
Hmm, pretty sure there’s been plenty of gloating from your side bud.
I started warning against Brexit around 2013, but I have to admit that witnessing the slomo carcrash since has had a few itoldyouso moments.
You’ve fallen for the propaganda I’m afraid. Goods trade is down, but services is up. Net effect is fuck all.
Yes you are right; it seems I’ve been listening too much to the guardian and my British friends who have lost their jobs. And to the man in the street that I talk to during my vacations in the uk. Mea culpa!
Feelings are not facts though. And the Guardian is not a great place to get unbiased views on leaving the EU.
Brexit affected the middle class, yacht owning, ski holidaying, villa in Tuscany crowd a bit. Boo fucking hoo.
First_ThunderCPTPP is such a stupid name. Say what you will about the US, but at least they try to get good acronyms for everything
Its just a perfunctory acronym.
Same as the US ones ever were..
AUSFTA.
BUSFTA.
DRCFTA.
CUSFTA.
USCFTA.
PUSTPA.
TTIP.
NAFTA.
FTAA.
USTFTA.
Yeah, they really roll off the tongue.
NAFTA wasn’t bad at all
The point of listing the others is that NAFTA being pointed to as a ‘good sounding’ or ‘well-named’ acronym is that it’s completely by accident.
The US almost always titles their trade agreements [country initial]USF(ree)T(rade)A(greement), and their title becomes their acronym.
Near zero thought goes into it.
PATRIOT Act, KOSA, etc
Nico198X
cygnusIt sounds like someone blowing a raspberry. The terrible name notwithstanding, I hope Carney can pull this off. I found him a bit disappointing in his first quasi-year in office but this would really deliver on his promise of Canada being a leader of the middle powers.
I loved it pronounced so many time in this video: https://youtu.be/brZgN-DDtV8
Yep, I saw it, was hilarious. The host almost broke laughing once or twice
USMCA is better?
No, and I got the vibe Trump was the only one that liked it.
CUSMA and MACUS are at least pronounceable, though, so it works for the rest of us.
Y’know, Yog, it’s not very often I see a post by you and happily read it, let alone upvote it, but I’m glad we can both be happy to see world leaders telling Trump’s government to go fuck itself.
If an environmentalist builds a pipeline through BC or Quebec its fine, its a grand unifying plan. If Harper or Pierre build it they’re ruining the planet. A funny bit of human psychology.
I get your point, although we should not generalize as there are many people who stick to independent information.
I agree that here on Lemmy we see a lot of this bit of human psychology, though. Tankies like OP do it all the time. Their alt accounts’ post histories have a special spin in that they (rightfully) condemn Israel’s atrocities against Palestinians, for example, while in their .ml communities they are literally cheering Russia’s atrocities against Ukrainian civilians.
As one study says:
… The presence of left-wing extremism on the Lemmygrad. ml instance of the decentralized social media platform Lemmy, from its launch in 2019 up to a month after the bans of the subreddits r/GenZedong and r/GenZhou … reveal a substantial increase in user activity and toxicity levels following the migration of these subreddits to Lemmygrad. ml. …
[Users] frequently share posts that support authoritarian regimes, as seen in their support for China, North Korea, and Russia. Moreover, their support can extend beyond backing these authoritarian regimes, even cheering on their violent actions, as evidenced by their posts on the Russian invasion of Ukraine. Additionally, we observe anti-Zionist and antisemitic behaviors, which show similarities to right-wing extremism … Our analysis suggests a concerning endorsement of authoritarian actions and extremist rhetoric on Lemmygrad. ml, further indicating that left-wing extremist communities on decentralized platforms should receive more attention from the academic community.
It’s a deeply disturbing mindset.
[Edit typo.]
Watching a super power self destruct from within because of one grifter is quite an experience.
This is not about Trump. Trump is the symptom, the poster boy, not the cause. There are deeper powers than Trump that are causing the American collapse. These powers are just giving Trump the room to maneuver, and letting him rip. Trump is just the lose cannon they are using to destroy everything. They don’t care what he does, as long as he keeps destroying things.
Donating to get Carney elected is one of the best political decisions I’ve ever made.
Legitimately I’m proud of the work he’s done in under a year.
Canada is not broken, but we did need better leadership and to really come together and work as a team again.
I agree that we were on the edge of a disaster with Poilievre, but Carney is acting like a 2000’s conservative wet dream on environnemental issues and in many other fields.
And what, exactly, is wrong with that?
Nothing, I’ve just realize that everything is perfectly fine with the environment. My bad.
What you missed was the difference between lower case ‘c’ conservative instead of the Capital ‘C’ Conservative. We need to conserve our environment, that is what lower case ‘c’ conservative is all about.
da fuck does that mean
Went right over your head, huh?
I read mega wrong, I hate Trump and his maga army of followers.
The New World Order. It’s not just about creating a trading bloc of 1.5 billion people. it is about creating a trading bloc of 1.5 billion people who are at the same standard of living as the average American. (And that does not even include the Indian or Chinese market). It is that last bit - the fact that the standard of living of ‘the rest of the world’ is now equivalent to the average American standard of living, PPP. America just has not got the memo - Americans are no longer the ONLY middle-income consumers, there are now billions of people in the world that are at the same level as the average American, in spending power PPP. In the last three decades or so, America has shifted from ‘the ONLY market’ to ‘just a part of the global market’.
There was no business case I recall these exact same ministers saying.