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Articles on Free trade

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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.
More milk from these Wisconsin dairy cows may find its way to Canada under the new trade deal. Reuters/Darren Hauck

How is new NAFTA different? A trade expert explains

Canada, the US and Mexico have signed a deal to rip up the 25-year-old NAFTA and replace it with something new. But what’s actually changed?
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.
If the trade war with China escalates, siding with the US is going to cost, but Australia’s long-term national interests still lie with it. Shutterstock

Trump versus China means picking sides

There can be no middle road in the trade war between China and the United States. Soon we will have to pick sides.
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.
Activists stage a demonstration against the so-called CETA trade deal outside the European Parliament in Strasbourg, France, in February 2017. (AP Photo/Jean-Francois Badias)Special Instruction

The uncertain future of the Canadian-European trade deal

An imminent court ruling by the European Union will decide the future of the economic partnership between Canada and the EU. It has broader implications for multilateralism in international trade.

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