Carney’s counterattack: Canada’s America problem could be India’s opening
Canada's Prime Minister Mark Carney warned at a 2023 summit that the rules-based order had given way, and large powers were leveraging economic integration. Middle powers needed to coordinate to protect their interests. India had recently experienced similar tariffs from the United States, which led to retaliatory measures. The US retaliated against Canada with tariffs on $28 billion of Canadian goods, while India expanded its trade agreements, particularly with the EU.
Both countries have since pursued diversification to reduce their dependence on any single market, with India offering Canada a larger market beyond American tariffs.
Written by urgent.news from The Indian Express's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
