The Bank noted that the Trump-China trade war is causing a slowdown in many parts of the world.
One effect of the 1930s was the emergence of trade blocs.
The president slapped tariffs on Canadian steel and aluminum exports during USMCA negotiations.
In 2018, China imported almost US$5.4 billion of crude oil from the U.S.
Nothing says “USA” quite like a Ford Mustang—except perhaps a Toyota Camry.
China has already blocked 15 million of its citizens from train and airline travel.
This China clause has been portrayed as a humiliating imposition on Canadian sovereignty.
Recent U.S. actions underscore how difficult it is to negotiate a free trade agreement with a U.S. administration that believes in managed trade.
Capital investment is a major source of labour productivity growth, particularly in Canada.