Economic coercion from U.S. and Europe almost drove Canada 'into China's arms,' says Trudeau

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Canadian companies are turning towards making deals with China because of economic coercion from the U.S., according to former Canadian Prime Minister Justin Trudeau.

Speaking at CNBC’s CONVERGE LIVE in Singapore on Thursday, Trudeau described a time when he said the U.S. and Europe “almost drove” Canada “into China’s arms.”

Canadian company Bombardier, which makes private jets, began building a commercial jet known as the C Series in 2008. But it was unable to sell the model to airlines because of pressure from Airbus