Mark Carney Leads Push for Mega Trade Bloc Amid Trump Tariff Threats

• Canada, led by Mark Carney, is spearheading talks to unite the EU and a major Indo-Pacific trade bloc.
• The proposed economic partnership could span dozens of countries, creating a new trading bloc of 1.5 billion people.
• Discussions are fueled by global trade uncertainty following Trump's tariff threats on allies.
• The EU and the 12-nation CPTPP are exploring linking supply chains and expanding trade cooperation, focusing on rules of origin.
• This framework would enable seamless trade of components and finished products through cumulation, allowing lower-tariff movement of goods.