The point about the Canada/EU deal is that Canada and the EU don't do much trade and abolishing import tariffs is beneficial to both sides. There are no other conditions attached. It doesn't matter too much because Canada and EU aren't in competition with each other for the same markets. The EU doesn't want a very close competitor on its doorstep being able to undercut it with tax concessions and state aid for certain industries, which is what China does.
Good Morning Sunday 28th April 2024
BBC Radio 4Extra Scheduling Shake-Up.