The Democratic takeover of the House likely won’t affect U.S. tariffs on Canadian steel and aluminum exports.
This is clearly an “America First” agreement.
The new deal reportedly jettisons environmental obligations that were part of the last four U.S. trade deals.
Trade is good for both countries, but not everyone in both countries benefits from trade.
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.
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.
Trade with China may actually have increased manufacturing employment in the United States.
The WTO has become a key player in a high-stakes international poker game.