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1. 21st century economies fight over a 20th century industry

   Last month, President Trump imposed a 25 per cent tariff on steel and steel products, and a 10 per cent tariff on aluminum. Initially the tariffs applied to all foreign producers exporting those products to the United States. But Trump ...

2. 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 ...

3. 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 ...

4. Memo for President Trump—Canada runs a trade deficit with the U.S.

   President Donald Trump issued a bizarre pronouncement this week—that Canada engages in smooth diplomatic trickery when it comes to trade relations with the United States. At a meeting with U.S. governors at the White House, the president ...

5. Some good news for Canada—the U.S. follows its own trade rules

   The initial U.S. Department of Commerce decision in October to levy tariff duties of almost 300 per cent on Bombardier’s CSeries jets sold in the U.S. became a major flashpoint in bilateral trade relations and cast an additional pall on ...

6. Trump favours tariffs, to the delight of U.S. companies

   Many observers believe that the ongoing “Montreal Round” of NAFTA negotiations, which started last week, represent a make-or-break moment for a “successful” renegotiation of NAFTA. Some reports say Canadian and Mexican trade officials ...

7. Are we really jeopardizing NAFTA to protect 13,500 farmers?

   Appeared in Maclean's, January 22, 2018 The United States has repeatedly indicated that a key tension in NAFTA renegotiations is Canada’s continued protection of dairy, poultry and egg producers. These protectionist policies, known as supply ...

8. Is Canada’s latest NAFTA strategy too ‘insidious and crafty?’

   In Book IV, Chapter 2 of The Wealth of Nations, where he enumerates the benefits of free international trade, Adam Smith leaves only a tiny role for governments. He says the United Kingdom should support its merchant marine because ...

9. Exchange rates can overreact to news reports including NAFTA buzz

   This week a report stating that the Canadian government is increasingly convinced that President Trump will pull the United States out of NAFTA was credited with causing the Canadian dollar to drop from a closing value on Jan. 9 of US$ ...

10. An 1854 treaty and the lessons for NAFTA

    With the ongoing NAFTA negotiations and the possibility that the United States is going to leave NAFTA and usher in a new protectionist era for North American trade, it may be instructive to visit the past for some guidance. Canada’s ...