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BTCC / BTCC Square / Global Cryptocurrency /
Canada Explores BRICS Membership Amid Escalating US Trade Tensions

Canada Explores BRICS Membership Amid Escalating US Trade Tensions

Author:
Global Cryptocurrency
Published:
2025-08-06 11:47:02
9
3
BTCCSquare news:

Prime Minister Mark Carney's administration is actively considering joining the BRICS bloc as US-Canada trade relations deteriorate. The MOVE comes in response to President Trump's decision to impose 35% tariffs on Canadian imports, which has already triggered layoffs at major industries like General Motors and Algoma Steel.

Former Green candidate Vince Fiorito argues that alignment with BRICS nations—Brazil, Russia, India, China, and South Africa—could offer Canada economic stability. The escalating trade war underscores a broader shift in global economic power dynamics, with Western dominance increasingly challenged.

|Square

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