Articles on Trade

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Prime Minister Justin Trudeau and Minister of Foreign Affairs Chrystia Freeland hold a news conference on the United States Mexico Canada Agreement (USMCA) in Ottawa on Oct. 1, 2018. THE CANADIAN PRESS/Justin Tang. THE CANADIAN PRESS/Justin Tang

How the new USMCA strengthens Canada in future trade deals

The USMCA, while imperfect, is overall a positive development for Canada. It has a number of structural elements that may very well leave us stronger when negotiating trade pacts in the future.
Ministers Lim Hng Kiang, David Parker, J. Jayasiri, François-Philippe Champagne, Steven Ciobo, Heraldo Muñoz Valenzuela, Dato Pehin, Toshimitsu Motegi, Ildefonso Guajardo, Eduardo Ferreyros and Tran Tuan Anh at the signing of TPP-11 in Santiago, Chile, March 8 2018. Mario Ruiz/EPA

The Senate is set to approve it, but what exactly is the Trans Pacific Partnership?

Labor says it will wave through the 11-nation Trans Pacific Partnership deal, then amend it in government. That won't be easy.
The trade deficit, and how much a country exports or imports, is only part of the story. AP Photo/Reed Saxon

Why trade deficits aren’t so bad

Americans seem to believe trade deficits are a bad thing, partly because of arguments suggesting they mean the US is 'losing.' An economist explains why that's rubbish.
Prime Minister Justin Trudeau and Minister of Foreign Affairs Chrystia Freeland arrive to hold a news conference on the United States Mexico Canada Agreement (USMCA) in Ottawa on Oct. 1, 2018. THE CANADIAN PRESS/Sean Kilpatrick

The winners and losers in the new NAFTA

Who are the winners and losers in the new USMCA? It's complicated, but one thing's for certain: Canada should never again allow itself to be overly dependent upon one trading partner.
Prime Minister Justin Trudeau gives a thumbs up as he arrives on Parliament Hill the morning after an agreement was reached on a new trade deal with Mexico and the U.S. THE CANADIAN PRESS/Justin Tang

NAFTA has been replaced, but at what cost to Canada?

The relief that the U.S. didn’t make things even worse for Canada in the new NAFTA should be tempered by the realization that the moment of reckoning hasn’t passed; it’s only been postponed.
Trump believes the Geneva-based WTO treats the U.S. with disrespect. Martin Good/Shutterstock.com

Why Trump’s wrong about WTO treating US unfairly

The president again threatened to drop out of the World Trade Organization if it doesn't 'shape up.' But a careful review of case filings show the US isn't treated any differently than its other members.
The national flags of Canada, from left, the U.S. and Mexico, are lit by stage lights before a news conference at the start of North American Free Trade Agreement renegotiations in Washington. But Canada’s status is now unsure after the U.S. and Mexico announced progress on a bilateral deal. AP Photo/Jacquelyn Martin

NAFTA negotiations: Two’s company, three’s a crowd?

An announcement that the United States and Mexico were close to a new trade deal came as a surprise to many. How did Canada become an afterthought during the NAFTA negotiations?
Dominic Raab, secretary of state for existing the European Union and star of Deal or No Deal. PA/Peter Nicholls

No-deal Brexit: experts on what the UK government’s advice means

From trade to medicines, the UK government's 'just in case' planning is revealing.

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