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Nordhaus, the Nobel, Harper, economics and populism
Trade is good for both countries, but not everyone in both countries benefits from trade. ...
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‘Six months’ notice’ and The Art of the Squeeze
Brian Mulroney: Mr. Turner, with a document that is cancellable on six months’ notice? Be serious… Please, be serious. John Turner: Well I have never been more serious in my life. Brian Mulroney: Please, please. That was the final ...
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Foisting 19th century trade policy on our modern world is simply wrong
Anyone trying to understand or explain the Trump administration’s international trade policy is often forced to conclude that his focus on trade deficits and domestic production is really an expression of mercantilism—a trade philosophy ...
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Turmoil in Washington may have immediate consequences for Canada
This week, Gary Cohn, President Trump’s top economic advisor, resigned, allegedly because he disagreed with the president’s plan for tariffs on imported steel and aluminum. After the tariffs announcement, several Republican politicians ...
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U.S. tariffs on steel and aluminum imports will apply to all countries including Canada
Shakespeare immortalized March 15 as the Ides of March, the date of Julius Caesar’s assassination. President Donald Trump on March 1 stuck a knife into the world trade regime by announcing he would impose tariffs on imports of steel and ...
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Trump’s trade trifecta will likely target China, Canada and beyond
In my last post on this site, back in October, I stated that the odds that Hillary Clinton would beat Donald Trump in the November election were high. I went on to say: If your concern is trade between Canada and the United States, ...