Articles on Trade

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Donald Trump doesn’t liked to be reined in, which is why he has such a problem with trade deals like NAFTA. (The Associated Press)

New NAFTA or no NAFTA? How Trump’s ire could affect Canadian agri-food

Part of the purpose of trade deals is to prevent politicians from inserting politics into matters of commerce. Donald Trump is bucking that trend. What does it mean for Canada and NAFTA?
Foreign goods wait to be unloaded at the Port of Los Angeles. AP Photo/Nick Ut

What is a tariff? An economist explains

President Trump recently imposed steep tariffs on foreign steel and aluminum. An economist explains what they are, how they work and why they matter.
Former U.S. president Richard Nixon is seen here with Pierre Trudeau in Ottawa in 1972. Nixon was bitterly opposed to Canada’s Auto Pact moves 50 years ago, saying Canada had cheated at the expense of American jobs and investment. He refused calls to exempt Canada from an import surcharge. (THE CANADIAN PRESS)

Why Canada shouldn’t always count on special treatment from the U.S.

U.S. President Donald Trump has exempted Canada, for now, from hefty tariffs on steel. An increase in defence spending would likely stand Canada in greater stead with the president.
A welder fabricates a steel structure at an iron works facility in Ottawa on March 5, 2018. U.S.President Donald Trump’s stated intention to impose new tariffs on steel and aluminum imports could start a trade war. THE CANADIAN PRESS/Sean Kilpatrick

Canada can’t win a trade war with the United States

Ottawa seems utterly unprepared for a trade war with the United States. The recent federal budget upholding equity values is noble, but won't mean a thing if the government runs out of cash.
Canadian Foreign Affairs Minister Chrystia Freeland with U.S. Trade Representative Robert Lighthizer, right, and Mexico’s Secretary of Economy Ildefonso Guajardo Villarrea, deliver statements to the media during the sixth round of negotiations for a new North American Free Trade Agreement in Montreal in January 2018. THE CANADIAN PRESS/Graham Hughes

What if Trump kills NAFTA? Remedies for Canada and Mexico

Donald Trump has described NAFTA as the worst trade deal ever signed by the United States. As NAFTA talks continue, here's what Canada and Mexico can do if the unthinkable happens.
President Donald Trump delivers his State of the Union address to a joint session of Congress. Reuters/Jonathan Ernst

3 key quotes from Trump’s first State of the Union, explained

Trump touted his administration's economic successes and laid out his immigration plan in an 80-minute speech to Congress. Our experts weigh in.

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