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Source:
CNN
Canada-US economic rift
Canada is seeking closer economic ties with the European Union and could become its first associate member, as Prime Minister Mark Carney responds to escalating US tariffs and trade tensions. At a Canada-EU summit in Montreal, Carney and European Commission President Ursula von der Leyen announced an initiative called the “Alliance for the Future,” though details of Canada’s proposed status remain unclear and have drawn sovereignty concerns. Canada’s trade with the US has declined, while Canadian visits and spending in the country also fell in 2025.
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