EU, China, Others Form Alliance to Settle Trade Disputes

The transcript discusses the formation of a new alliance involving the EU, initially with Norway and Canada, and now including China. This alliance aims to replicate a WTO mechanism, which the US has been opposing. China's inclusion is significant for trade dispute resolution and political reasons, especially as the EU and China commit to global engagement despite US retrenchment under Trump.

What countries were initially involved in the alliance, and how has this changed?

What political implications does the alliance have in the context of Trump's global policies?