The EU, Canada and 10 Indo-Pacific countries are opening talks to explore forming one of the largest global economic alliances

Canada’s Mark Carney is spearheading the discussions.

The alliance is a response to Trump’s tariffs.

Factcheck: Yes, according to recent Politico reports and other sources, talks are underway between the EU, Canada, and the 12-nation CPTPP Indo-Pacific bloc to form a trading alliance, spearheaded by Mark Carney, as a response to U.S. tariffs under Trump. Details are emerging, but it’s confirmed as exploratory discussions.