Peter Munk Centre for Free Enterprise Education
Canada once again faces economic challenges posed by a mercantilist U.S. administration.
The services sector creates the majority of income in the United States.
Under the Trump administration’s “America First” policy, there likely will be more trade complaints initiated by U.S.-based companies.
Alberta and Saskatchewan recently finished their “licence plate war.”
The U.S. wants to diminish the WTO’s ability to settle trade disputes.
Canada invented contingent protectionism back in 1904, so we’re not exactly innocents in this area.
According to reports, the Trudeau government thinks President Trump will pull the U.S. out of NAFTA.
Like today, timber, lumber and dairy were commodities of interest in trade negotiations in the nineteenth century.