Carney says Canada's relationship with China has become "more predictable" than that with the US, as his country searches for trade certainty.

cross-posted from: https://lemmy.zip/post/57182784

cross-posted from : https://lemmy.zip/post/57182782

Carney told reporters on Friday that “the world has changed” in recent years, and the progress made with China sets Canada up “well for the new world order”.

Canada’s relationship with China, he added, had become “more predictable” than its relationship with the US under the Trump administration.

  • reddig33@lemmy.worldEnglish
    93·
    4 hours ago

    How about instead of trading dependency on one country for another, you start manufacturing your own goods?

    • Maeve@kbin.earth
      1·
      36 minutes ago

      I believe it’s in every state’s interest to invest in manufacturing, as well as having trade and development sharing with others, but exploititive agreements that rob another state and make it a defacto colony, or subject the people to austerity, sanctions, overly burdensome loans (imf/wto), or create dependency rather than self-sufficiency is just another form of rent-seeking and grounds for expulsion of the exploiting states, and nationalization of any industry benefitting from the exploitation (including poisoning the air, water, soil).

    • MBech@feddit.dk
      17·
      3 hours ago

      Isolationism isn’t the solution. The world needs to be better at working together, not splitting apart.

      • reddig33@lemmy.worldEnglish
        1·
        7 minutes ago

        I hate to break it to you, but a lot of these countries aren’t interested in “working together”. In fact they want to sell you something for cheap, get you hooked, and put your own means of production and any competition out of business.

        There’s no reason Canada can’t make its own cars. Or computer chips. Or food. Or drugs. Etc etc. Relying on a single external source for a good or service really screws you over when that country goes to war, or goes nuts.

        It’s not about isolationism. It’s about making sure there is competition to keep prices down, and making sure there is more than one source to get these goods and services from.