
The world’s two biggest trade groups, the European Union and the Indo-Pacific CPTPP bloc, are exploring plans to form a large new economic alliance covering 1.5 billion people. The effort brings together nearly 40 nations and is aimed at countering President Trump’s tariffs and stabilising global supply chains.
According to Politico, Canadian Prime Minister Mark Carney is the key driver behind this push. He has been leading these discussions, calling on “middle powers” to stand firm and fight back against what he calls “trade war coercion.”