Canada, Germany working on diversifying trade in face of U.S. threats [Video]

President of the European Commission Ursula von der Leyen speaks at the opening ceremony of the Hannover Messe in the Hannover Congress Centrum (HCC), Germany, Sunday April 21, 2024. THE CANADIAN PRESS/Michael Matthey/dpa via AP

Canadian companies and diplomats are working with their European colleagues to find ways to diversify trade as the U.S. threatens to impose steep tariffs.

Germany’s Ambassador to Canada Tjorven Bellmann says European ambassadors in Ottawa have been in touch with corporations on both sides of the Atlantic to discuss how they can boost trade.

She says that while there’s a lot of interest in capitalizing on a trade deal that Canada and the European Union signed in 2017, both sides have work to do on identifying opportunities.

Bellman’s comments come ahead of the world’s largest trade fair, the Hannover Messe in Germany, where Canada is this year’s partner country.

Jayson Myers, head of Next Generation …