As President Trump this weekend opened what could become a global trade war, a growing number of countries, including America’s closest allies, are forging their own economic partnerships without the United States. If Washington is putting up a higher fence around its trade, other nations are lowering theirs.
In just the last two months, the European Union concluded three new trade deals.
The bloc, completing negotiations that started 25 years ago, reached a major agreement with four South American countries in December to create one of the world’s largest trade zones, linking markets with 850 million people.
. . .
By punishing longtime allies with tariffs, Mr. Trump is encouraging other nations to form trading blocs and networks that exclude the United States.
Edit: Now with shiny new archive link!
I’m hoping we Canadians can move quickly to better establish trade relations with Europe, Latin America and Asia - specifically without US involvement.
I mean the first priority for both mexico and canada should be mexico and canada. They are both getting dicked in the same way and they can easily ship things back and forth. They just need to go back to nafta with without the usa and call it no usa. Probably would be good to use euros as the currency of exchange though.
NAFTA already implies no USA because of the “free” part.
I’m happy for you guys if you pull this off. It’s sad for us but let’s be real, we did this to ourselves and deserve this outcome.
Eigenschadenfreude
Bewältigungsschadenfreude
German is a bit like build your own word.