The best response to US tariffs is to make free trade deals with UK, EU and others.
Free trade will win over protectionism. Protectionism is just dumb and counterproductive.
I agree. Luckily it seems as if that’s starting to happen. It could be nice to see a closer tie in with the EU, but o don’t see that happening for a long time if ever.
We need more trading partners that simple are not America.
We have the resources the world needs. Let’s sell them to the world, and bring industry here at the same time.
I don’t understand. We already have a free trade agreement with Europe that has been coming online over the last several years. Why do you think we won’t expand it?
For broader expansion we need to harmonize many industries rules with the EU. It was difficult because the US through the NAFTA free trade agreement pressured us toward weaker regulation and the EU wants stronger regulation. There is also a barrier to make any substantial changes anywhere… since circumstances have changed, we can only expect further extortion from the US, we have all to gain siding with Europe and letting the pain of US tariff happen. We loose a lot short term but will be on the course for way better growth and sovereignty long term.
Its gonna take a lot of time to make that happen structurally. But if we do it Canada will be a lot better off I suspect. Either way, theres gonna be some hard times ahead in the short to medium term.
The best response to US tariffs is to make free trade deals with UK, EU and others. Free trade will win over protectionism. Protectionism is just dumb and counterproductive.
I agree. Luckily it seems as if that’s starting to happen. It could be nice to see a closer tie in with the EU, but o don’t see that happening for a long time if ever.
We need more trading partners that simple are not America.
We have the resources the world needs. Let’s sell them to the world, and bring industry here at the same time.
I don’t understand. We already have a free trade agreement with Europe that has been coming online over the last several years. Why do you think we won’t expand it?
https://www.international.gc.ca/trade-commerce/trade-agreements-accords-commerciaux/agr-acc/ceta-aecg/index.aspx?lang=eng
For broader expansion we need to harmonize many industries rules with the EU. It was difficult because the US through the NAFTA free trade agreement pressured us toward weaker regulation and the EU wants stronger regulation. There is also a barrier to make any substantial changes anywhere… since circumstances have changed, we can only expect further extortion from the US, we have all to gain siding with Europe and letting the pain of US tariff happen. We loose a lot short term but will be on the course for way better growth and sovereignty long term.
Its gonna take a lot of time to make that happen structurally. But if we do it Canada will be a lot better off I suspect. Either way, theres gonna be some hard times ahead in the short to medium term.
Yes. Well unfortunately there will be hard times. The US is already seeing some of those hard times.
Really Canada just needs to completely clock any sale of potash to the US. That would almost completely decimate their farming industry.
Hit them where it hurts them the most. Don’t raise prices, just cut off cold turkey. Bring their agricultural to a stand still.