
January 28, 2025
In the permanent state of chaos that Donald Trump’s presidency has unleashed on our trade relationship with the United States, Canadian political leaders are racing to put together a unified and coherent approach to defending Canada’s interests.
Trump’s “America First” tariff threats against Canada are a repudiation of both the letter and spirit of our bilateral CUSMA trade treaty and the multi-lateral General Agreement on Tariffs and Trade, both of them products of 75 years of trade liberalization.
The situation is so chaotic we don’t know who will be the Prime Minister who comes to terms with Trump or the nature of the outcomes for domestic industries and Canadian wallets. The Liberal government and most provincial premiers wisely say that “everything is on the table” in terms of countervailing tariffs. But the public discussion of which trade issues should be on the table is only just beginning….
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