In 2018, China imported almost US$5.4 billion of crude oil from the U.S.
Canada’s supply management systems impose tariffs of up to 300 per cent on above-quota imports.
Trade with China may actually have increased manufacturing employment in the United States.
The WTO has become a key player in a high-stakes international poker game.
Supply management was established in the 1970s because Canadian dairy and poultry farmers didn’t want cross-province competition.
While the Americans build tariff walls, we should form new trade relationships with other countries.
Goods don’t pay import taxes, only people pay import taxes.
Tariffs hurt Canadian consumers, but also Canadian producers who rely on imported inputs.
Capital investment is a major source of labour productivity growth, particularly in Canada.