The Democratic takeover of the House likely won’t affect U.S. tariffs on Canadian steel and aluminum exports.
The new deal reportedly jettisons environmental obligations that were part of the last four U.S. trade deals.
This China clause has been portrayed as a humiliating imposition on Canadian sovereignty.
Canada’s supply management system will largely remain intact, to the disadvantage of Canadian consumers.
Canada’s unemployment rate in August rose to six per cent with Ontario leading the way, losing about 80,000 jobs.
Goods originating in China and destined for Canada go through a third country.
When the Australian market was deregulated in 2000, the average price farmers received for raw milk almost doubled.
Back then, many countries including Germany, Japan and the United States embraced List’s tariff walls.
As someone who generally favours less intervention by government, I’m not sure why Ottawa has to express its disapproval of what goes on in other countries.
Trade with China may actually have increased manufacturing employment in the United States.