{"id":762,"date":"2026-04-12T07:27:34","date_gmt":"2026-04-12T07:27:34","guid":{"rendered":"https:\/\/www.europesays.com\/canada\/762\/"},"modified":"2026-04-12T07:27:34","modified_gmt":"2026-04-12T07:27:34","slug":"carney-constructs-a-mega-anti-trump-trade-alliance-politico","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/canada\/762\/","title":{"rendered":"Carney constructs a mega anti-Trump trade alliance \u2013 POLITICO"},"content":{"rendered":"

Origin story<\/p>\n

The EU and the Indo-Pacific club, known as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, resolved last November to combine their economic forces<\/a> to push back on the fragmentation of free trade in the wake of Trump\u2019s \u201cLiberation Day\u201d tariffs.<\/p>\n

\u201cWe see a lot of value in increasing trade among the EU and CPTPP parties, which would also contribute to enhancing supply chain resilience,\u201d a Japanese trade official said. An agreement on rules of origin \u201cwould be an interesting topic to explore,\u201d they added, but a \u201cconcrete outcome may not be expected in the short term.\u201d<\/p>\n

\u201cIf the EU is up for the conversation, then of course it would make things very interesting indeed,\u201d said a trade diplomat from another CPTPP nation.<\/p>\n

\"\"Ottawa is \u201cchampioning efforts to build a bridge between the Trans-Pacific Partnership and the European Union, which would create a new trading bloc of 1.5 billion people,\u201d Mark Carney said in Davos. | Fabrice Coffrini\/AFP via Getty Images<\/p>\n

Within the EU, some officials are \u201csuper keen\u201d to pursue the cumulation deal, said a senior business representative briefed on their thinking.<\/p>\n

While the deal \u201cis indeed part of the broad scope of the EU-CPTPP cooperation,\u201d an EU official confirmed, it is \u201cnot part of the priority for actions for now.\u201d More immediate discussions prioritize \u201cconcrete outcomes,\u201d they said, on bringing supply chains in the blocs closer together and bolstering trade diversification among their members.<\/p>\n

Business buy-in<\/p>\n

Business groups throughout Europe, however, are growing louder in their support of the rules-of-origin deal and pushing Brussels and London to forge ahead. The German Chamber of Commerce and Industry (DIHK) and British Chambers of Commerce squarely support the pact.<\/p>\n","protected":false},"excerpt":{"rendered":"Origin story The EU and the Indo-Pacific club, known as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership,…\n","protected":false},"author":2,"featured_media":763,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[98],"tags":[367,17,504,505,375,506,376,507,162,508,384,385,111,388,509,390,510,394,396,399,400,401,437,511,403,30,512,404],"class_list":{"0":"post-762","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-mark-carney","8":"tag-australia","9":"tag-canada","10":"tag-companies","11":"tag-cooperation","12":"tag-cptpp","13":"tag-customs","14":"tag-davos","15":"tag-denmark","16":"tag-donald-trump","17":"tag-greenland","18":"tag-japan","19":"tag-malaysia","20":"tag-mark-carney","21":"tag-mexico","22":"tag-negotiations","23":"tag-new-zealand","24":"tag-resilience","25":"tag-rules-of-origin","26":"tag-singapore","27":"tag-supply-chains","28":"tag-tariffs","29":"tag-trade","30":"tag-trade-war","31":"tag-transatlantic-relations","32":"tag-united-kingdom","33":"tag-united-states","34":"tag-ursula-von-der-leyen","35":"tag-vietnam"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/762","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/comments?post=762"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/762\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media\/763"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media?parent=762"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/categories?post=762"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/tags?post=762"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}