With this week’s resignation of Gary Cohn, President Trump’s mercantilist trade advisors are on the ascent.
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.
The U.S. wants to diminish the WTO’s ability to settle trade disputes.
Policies that raise prices of milk, butter, cheese, eggs and chicken affect lower-income families.
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.
President Trump seems to be taking a 1930s-style beggar-thy-neighbour approach to trade.