BUSINESSSEMAFOR
Canada hopes to become an ‘energy superpower’
Canada announced plans to build a major oil pipeline to boost sales to Asia and increase oil and gas production, aiming to reduce reliance on the US and become an 'energy superpower.' The White House has threatened 100% tariffs on Canadian oil imports, prompting Prime Minister Mark Carney to pledge doubling non-US trade. Other countries are joining Asian trade blocs like CPTPP and RCEP to avoid US market unpredictability.
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