Era of free trade and investment is over, Canada’s PM tells Apec summit

<p>Mark Carney warns Asia-Pacific leaders global economy undergoing profound change, as China’s president mounts defence of free trade</p><p>The Canadian prime minister, Mark Carney, has warned that the era of free trade and investment that formed the foundations of the postwar global economy has ended.</p><p>In a stark message to Asia-Pacific leaders at the <a href="https://www.theguardian.com/world/2025/oct/30/apec-asia-pacific-economic-cooperation-explained">Apec</a> summit in South Korea on Friday, Carney said rules-based open trade no longer worked in a global economy that was undergoing one of its most profound periods of change since the fall of the Berlin Wall in 1989.</p> <a href="https://www.theguardian.com/world/2025/oct/31/era-of-free-trade-and-investment-over-canada-pm-mark-carney-apec-summit-korea">Continue reading...</a>