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.
Pamela K. Starr, USC Dornsife College of Letters, Arts and Sciences
The admired US ambassador to Mexico is resigning, even as the two countries spat over trade, immigration and Trump’s tweets. Can this critical diplomatic relationship survive yet another problem?
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.
Instead of treating the Trump administration as a campaign adversary, Canada needs to start working with the United States to renegotiate a NAFTA that serves both countries, not regimes like China.
Trump has attacked NAFTA, saying that cheap, under-regulated Mexican labor hurts American workers. If he’s right, then NAFTA negotiations could be a chance to push Mexico on workers’ rights.
Donald Trump views himself as a deal-maker, so the prospect of a “quick” trade deal between the U.K. and the U.S. seems unlikely, despite the American president’s earlier optimism.
Precisely because of his problems at home, Donald Trump wants to do more abroad – possibly with disastrous results. How can those who know foreign policy rein him in?
Never mind NAFTA – Canada’s quiet efforts to boost trade with China should be ringing alarm bells given Chinese human rights abuses, and raises questions about whether Beijing has demanded secrecy.
Mexico has traditionally been NAFTA’s biggest loser. But Canada is at risk if the U.S. gets its way in removing a dispute settlement mechanism from the deal in the upcoming NAFTA renegotiations.
Lobster used to be a poor man’s meal. Now it’s the darling of foodies, and Canada’s lobster producers are poised to cash in on sales to the European Union thanks to CETA.