1. china - China Canada Trade Security Risks - PIERO TOZZI & GORDON CHANG 101526

1793 Piero Tozzi, co-host Gordon Chang: Tozzi and Chang evaluate Prime Minister Mark Carney’s trade deal with China, which lowers tariffs on Chinese electric vehicles. Tozzi warns that Canada serves as a northern Trojan horse enabling transshipment of Chinese goods produced through forced labor. He emphasizes that illicit trade including fentanyl proceeds also exploits northern channels, as shown by TD Bank’s recent money-laundering penalty. Additionally, Carney’s past efforts to integrate the renminbi threaten the dominance of the US dollar. (1)