9% growth per year so Canada can increase their total trade with the EU by .43% per year.
It will take until 2167 to completely replace America’s trade share if the rate remains the constant. Looks like Ottawa needs to be heavily pressured to sign more deals with Europe so we can make that happen much sooner.
We need to starve the MAGA beast. Elbows up 🍁
Trump will punish the EU with more tarifs, further accelerating the replacement.
This figure is for 2024, before the trade war with the United States started.
Well, US-EU and US-Canada trade is not only replaced by EU-Canada trade, but by a number of other relationships as well. For exam
Trade in both the EU and Canada is up, despite trade with the US being down in each bloc.
Also, these things tend to snowball into bigger deals.
I still remember the huge Protests to stop TTIP and CETA for weakening Food safety Standards and consumer protection in the EU. I don’t know the contents of the current agreement, but i guess that time, big Corporate interests and the big orange pedophile pushed it through…
This clearly illustrates that the economy is not and has never been a zero sum game. If the pie can get bigger, all participants can get a bigger slice.
