A few months back I wrote that Canada cannot win a trade war with the United States and that we were dependent on their market for our goods. That's still true today, and it's put us in a weaker position with negotiations. There's always a but though, and this time there's a good ‘but’. Maybe Canada and its federal government should pause all negotiations with the United States for the next year or two. Sound radical? Shocking? It is. But, there's no point in negotiating with Donald Trump's regime. Just ask Japan. They had a deal for a framework to begin formal negotiations and then Trump broke it levying new tariffs. Worse, Japan's government thought they'd get a preferred access to the US market only to find out that the base rate on tariffs would be 15% and other countries would be getting that anyway. Canada isn't going to get much of a deal with Donald Trump today. He's got it in for us, and he thinks he's in the better position. In...
A discussion on political, economic and social issues in British Columbia, and Canada