Canada’s PM Mark Carney visits Asia to cut dependence on U.S., eyes trade with India & China

Canadian Prime Minister Mark Carney has embarked on a visit to Asia aiming to reduce Canada’s economic reliance on the U.S. by nearly US$300 billion over the next decade and boosting trade with partners like India and China. The move comes amid shifting global supply-chain dynamics and mounting trade realignment. Analysts say markets may welcome second-tier powers stepping into new trade roles, though execution risks and geopolitical tensions remain.