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23.08.26 - 19:42
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The lesson from Canada′s collapsed trade talks with the US: negotiation may be futile (The Guardian)
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Breakdown shows Washington now prioritises its own interests over any semblance of shared economic ground'No more!!!': Trump lashes out after US-Canada talks devolve into trade warThe calamitous collapse of trade negotiations between Canada and the United States is a warning to nations worldwide that pursuing any kind of dialogue with the current US administration is doomed at the outset, according to observers who say this recent episode indicates seeking a fair deal is futile.Andrea Lawlor, an associate professor of political science at McMaster University in Ontario, said: “No matter the closeness of the historical relationship, the American administration has signalled that it now prioritises its interests above those of some sort of global economic coordination or harmony. Continue reading......
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23.08.26 - 18:30
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Did Canada Just Sign Its Own Economic Death Warrant? (ZeroHedge)
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Did Canada Just Sign Its Own Economic Death Warrant?
Canadian Prime Minister and WEF globalist Mark Carney has been a disaster for Canada since he entered office. There were many critics who believed the Trudeau regime could not be topped in terms of self destructive behavior, but one could easily argue that Carney is far more dangerous and far more devious.
This week the Canadian government abandoned a nearly finalized trade deal with the US in the final hour of talks, leaving many analysts (and Canadians) bewildered. According to U.S. Trade Representative Jamieson Greer and related reports on the negotiations, the U.S. offered significant tariff reductions that would have given Canada preferential treatment relative to other major exporters.
The offer included a reduction of tariffs on steel from 50% to 25%, a reduction on Canadian autos from 25% to 15%, a removal of the 10% tariff on Canadian lumber and cooperation on numerous other measures, representing the best deal offered in c...
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23.08.26 - 17:01
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Pence: ′Last thing′ US economy needs is trade war with Canada (The Hill)
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Former Vice President Mike Pence said Sunday the trade war between the U.S. and Canada could damage the American economy. “American businesses and American consumers pay American tariffs, and I think the last thing we need right now, as our economy is getting back on its feet, is a trade war with Canada,” Pence told......
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23.08.26 - 16:12
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Canada Digs In as US Trade Fight Escalates (Bloomberg)
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Joining Bloomberg This Weekend, Former Canadian Finance Minister Chrystia Freeland says Canada was right to walk away from a trade deal she argues would have harmed both countries, urging Ottawa not to back down and saying past retaliation against US tariffs proved effective. Freeland warns hosts David Gura and Christina Ruffini that Trump's approach risks turning allies into “vassals” as Canada prepares dollar-for-dollar counter-tariffs after the US imposed new 50% duties.
(This conversation was edited to omit an incorrect statement about the titles of Canadian government officials.) (Source: Bloomberg)...
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23.08.26 - 14:12
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Can Canada Still Trust America on Trade? (Bloomberg)
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Chrystia Freeland says a tentative US-Canada trade agreement may prevent new US tariffs from taking effect, but only if Canada makes major concessions including easing retaliation, allowing US alcohol back into provincial stores and aligning with Washington on some digital issues. Existing US tariffs on Canadian steel, aluminum, cars and auto parts would remain, though at lower levels. Freeland says that would mark a major shift from Canada's long-held position that such tariffs violate USMCA, and could hurt both countries, especially US manufacturing and the Detroit-Windsor auto supply chain. This interview was recorded on Aug. 20. (Source: Bloomberg)...
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23.08.26 - 13:12
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′No more!!!′: Trump lashes out after US-Canada talks devolve into trade war (The Guardian)
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PM Mark Carney says 'we got attacked' as tariffs come into force on items from hockey sticks to tongue depressorsDonald Trump has hit back at Canada after a breakdown in negotiations plunged the two countries into a trade war.In his first public comments since negotiations collapsed on Friday in Washington, the US president wrote on social media: “Canada wants the benefits of being a State, without being one!!!” Continue reading......
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