China’s low wages give it a decisive cost advantage.
trade with china
Those behind the plan are central planners at heart, mistakenly seeing themselves as the initiators of trade.
In any U.S.-led tariff-driven trade war, Canada would be collateral damage.
Chinese companies have recently made takeover offers for a U.S.-based technology products distributor and General Electric's appliance division.
China displaces Canada as largest U.S. trade partner (though China’s bragging rights may be short-lived)
Canada remains the United States’ largest export market accounting for almost 19 per cent of U.S. exports, while China accounts for only 7.4 per cent of total U.S. exports.