Carney says Canada's relationship with China has become "more predictable" than that with the US, as his country searches for trade certainty.

cross-posted from: https://lemmy.zip/post/57182784

cross-posted from : https://lemmy.zip/post/57182782

Carney told reporters on Friday that “the world has changed” in recent years, and the progress made with China sets Canada up “well for the new world order”.

Canada’s relationship with China, he added, had become “more predictable” than its relationship with the US under the Trump administration.

  • reddig33@lemmy.worldEnglish
    1·
    14 hours ago

    I definitely do not think the Trump administration has a plan, other than to bankrupt the US.

    I will never understand how its cheaper to:

    • cut down lumber in Canada
    • put it on a ship to China
    • have a Chinese factory make furniture out of it
    • put the furniture on a ship and send it back to Canada

    The labor is cheaper there sure, but all the shipping back and forth should have evened some of that out. It’s nuts to me.

    • evol@lemmy.todayEnglish
      1·
      8 hours ago

      Shipping stuff is cheap if you have alot of it for example

      https://freightify.com/ship-containers/china puts a 40ft container at max $6000, which in practice can fit around 26000kg, so per kg you are paying around 26 cents per kg shipped. You would get even better deals I assume if you had contracts setup to do bulk business with freighters