Articles on Trade

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Economists and Wall Street workers fear a recession is underway. Reuters/Brendan McDermid

Could a recession be just around the corner?

Financial markets are increasingly worried the US economy is heading for a crash. An economist explains what's got investors spooked.
The free trade agreement with Indonesia, which Australia originally. hoped would be signed this week when Morrison was in Singapore for the start of the summit season, has become hostage to the embassy decision. Mick Tskias/AAP

Grattan on Friday: Morrison government brings back memories of McMahon days

The fundamental point is that those were desperate days for the Coalition and so are these. "McMahon was in survival mode," says author Patrick Mullins. The same could be said of Morrison.
Cargo containers from Asia are seen in the port of Vancouver in 2015. Canada needs to diversify its trade beyond the United States and increase our links to rapidly growing emerging market economies, particularly in Asia. (Shutterstock)

The urgent need for Canada to diversify its trade

Canada needs to diversify its trade beyond the United States and increase links to rapidly growing emerging market economies, particularly in Asia, despite the "anti-China" clause in the USMCA.
A diplomatic thaw has occurred between Australia and China, as Foreign Minister Marise Payne meets Chinese Foreign Minister Wang Yi. AAP/EPA/Thomas Peter/ pool

Australia and China push the ‘reset’ button on an important relationship

Marise Payne this week became the first Australian foreign minister to visit China in three years – another indication that the frost in the relationship is thawing.
U.S. President Donald Trump announces a revamped North American free trade deal in the Rose Garden of the White House in Washington on Oct. 1, 2018. (AP Photo/Pablo Martinez Monsivais)

Make no mistake: The USMCA is an America-first trade deal

The USMCA, if ratified, will fundamentally alter North America’s political and economic structures, increasing American dominance over its neighbours.
Shipping containers are stacked at the Fairview Cove Container Terminal at the Halifax port on Oct. 19, 2018. THE CANADIAN PRESS/Andrew Vaughan

Canada’s ports policy needs to move into the 21st century

Canada's ongoing Port Modernization Review should lead to greater clarity of port purpose, less political control through board appointments and better reporting standards.

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