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Bucking Trump’s anti-trade trend, EU clears deal with Canada 

BRUSSELS (AP) — The European Union and Canada on Wednesday cast their newly-approved trade deal as a much-needed beacon for cooperation, with the EU criticizing President Donald Trump’s protectionist bent as a threat to the continent’s prosperity.After about seven years of negotiations, the EU parliament approved on Wednesday a deal with Canada that will eliminate most tariffs for business between the EU’s economy of half a billion people and Canada’s 35 million.Though critics claim it will mainly help large companies, proponents say it will create jobs and wealth. And, they argue, it is a sorely needed reminder of the world’s capacity to cooperate at a time when political forces, even within the EU, want to bring back national barriers to migration and trade.

Source: Bucking Trump’s anti-trade trend, EU clears deal with Canada – SFGate

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