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The pact with Mercosur, a bloc including Brazil and Argentina, is aimed at showing the E.U. can help maintain open global markets despite U.S. protectionism.
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;Resize=(620)) Jan. 16, 2026 | Prime Minister Mark Carney hails a ‘landmark' trade deal with China that's getting mixed reviews on the home front. WestJet bails on its cramped new seating plan after customers push back. And, how celebrity claims about Lyme disease spawn confusion about the actual risks.
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Ottawa has sought a thaw with Beijing as part of a larger effort to diversify trade as Trump threatens to use "economic force" to make Canada the 51st state.
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