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.

  • deHaga@feddit.uk
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    6 hours ago

    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?

    • susi7802@sopuli.xyz
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      5 hours ago

      No need to gloat. You’re still not in the EU. Happy with your blue passport, eh?

      • deHaga@feddit.uk
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        5 hours ago

        Hmm, pretty sure there’s been plenty of gloating from your side bud.

        • susi7802@sopuli.xyz
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          4 hours ago

          I started warning against Brexit around 2013, but I have to admit that witnessing the slomo carcrash since has had a few itoldyouso moments.

          • deHaga@feddit.uk
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            3 hours ago

            You’ve fallen for the propaganda I’m afraid. Goods trade is down, but services is up. Net effect is fuck all.

            • susi7802@sopuli.xyz
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              3 hours ago

              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!

              • deHaga@feddit.uk
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                3 hours ago

                Feelings are not facts though. And the Guardian is not a great place to get unbiased views on leaving the EU.