Ironically, when it comes to imported goods, Trump’s concern seems to be that prices are too low.
barriers to trade
When any government taxes or restricts trade, it makes both sides worse off.
Most trading partners of the U.S., including Canada, employ some sort of national consumption-based value added tax.
The 1,000 Carrier workers are happy—the unknown future job-losers can only stuff their pink slips in their pockets and wait until next election.
Duplicated regulation among provinces can impose needless costs on people and businesses.
A Trump administration may target Canada’s softwood lumber and livestock exports.
Reform proposal misrepresents the nature of the global market and role of intellectual property.
Trump will likely approve the Keystone XL pipeline—a positive development for the Canadian energy industry.
Canada seemingly faces a U.S. administration that subscribes to a naïve mercantilism.
World Bank report ranks Canada behind countries such as Estonia, Latvia and Georgia.