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Prime Minister Mark Carney says Canada will double its non-US exports as Canadians can’t rely on US (apnews.com)

submitted 4 days ago by Pacino@lemmy.world to c/canada@lemmy.ca

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[-] lemmy_outta_here@lemmy.world 33 points 4 days ago

He signed a big trade and defense pact with indonesia and a bilateral trade agreement with mexico, partially cutting the us out of north american trade. he’s only been pm for, like, 8 months.

[-] Jason2357@lemmy.ca 3 points 3 days ago

Not only has he signed multiple trade agreements, but the trade data is showing a solid shift way from the US to other countries already -despite the fact that most industry works on contracts that are longer than 8 months. The fact that it's already moving is impressive. https://newsinteractives.cbc.ca/features/2025/canada-international-trade/

[-] SaveTheTuaHawk@lemmy.ca 5 points 4 days ago

Did you actually read the agreement? It leaves Canada in $600M trade deficit. Media loves to skip the details.

[-] FaceDeer@fedia.io 39 points 4 days ago

Judging trade deals purely on money in vs. money out is Trump thinking.

[-] prodigalsorcerer@lemmy.ca 30 points 4 days ago

Can you explain what a trade deficit is and why it's bad?

[-] FreeBooteR69@lemmy.ca 15 points 4 days ago

He doesn't know like Trump doesn't know.

[-] Reannlegge@lemmy.ca 8 points 4 days ago

Are you going to demand that you get out of the trade deficit you have with your grocer of choice?

Why not? Are you to afraid that capitalism would then be replaced with communism? It is important that you understand what Trump is talking about before you echo him.