The U.S. wants to diminish the WTO’s ability to settle trade disputes.
tariffs
Like today, timber, lumber and dairy were commodities of interest in trade negotiations in the nineteenth century.
The U.S. Commerce Department ruled that Montreal-based Bombardier sold planes to Delta Airlines below the cost of production.
Currently, Canadian workers can be required to join a union and pay full union dues.
Eliminating restrictive dairy industry protections could lower dairy costs for Canadians by up to 40 per cent.
The president has said the U.S. always loses in Canada-U.S. dispute resolution proceedings.
President Donald Trump has vowed to renegotiate NAFTA, which he calls “a disaster.” But before he tears up the trade deal, let’s take a moment to take stock of why NAFTA was created.
Changes may discourage Canadian firms from buying cheaper imports from non-U.S. sources.
China throws up barriers to international competition and assaults foreign investment.