Canadian Trade Minister Carr Says Talks With China Going 'Very Well'

The video discusses Canada's active role in international trade, highlighting recent agreements with the US, Mexico, and Europe, and ongoing trade talks with China. It addresses the impact of the US-China trade war on Canada and the need for WTO reforms. The video also covers the TPP's implications for Canada, particularly in the auto sector, and emphasizes Canada's commitment to a rules-based trade system.

What recent trade agreements has Canada celebrated?

• Agreements with Australia and New Zealand

• Agreements with India and Brazil

• Agreements with China and Japan

• Agreements with the United States and Mexico

What sectors are Canada and China focusing on for short-term trade agreements?

• Technology and healthcare

• Agriculture and natural resources

• Automotive and textiles

• Finance and tourism

Why is there an urgency for WTO reforms according to Canada?

• Due to a backlog in the Appellate body

• Because of new trade agreements

• To increase tariffs

• To reduce global trade

What role does Canada see itself playing in WTO reforms?

• As a critic of the process

• As a convener with creative ideas

• As a passive observer

• As a financial contributor

What is the significance of the TPP for Canada?

• It reduces trade with Europe

• It provides access to 500 million consumers

• It opens new markets in Africa

• It focuses on domestic trade only

What criticism has the Canadian auto sector expressed about the TPP?

• It increases tariffs on auto parts

• It opens the door for cheap Vietnamese auto parts

• It limits exports to the US

• It reduces domestic production

What is the expected timeline for the first set of tariff reductions under the TPP?

• February 28th

• November 15th

• December 30th

• January 1st