Canada is being squeezed between two superpowers — China and the U.S. — who don’t get along. The worst part is, Canada is a major exporter to both, and any semblance of positive diplomatic relationships with these countries has all but evaporated in the last few months.
Where do we go from here?
Carlo Dade, director of international policy for the School of Public Policy at the University of Calgary, says that there’s still trust with the U.S. — “There’s complete and total trust that we’re going to get screwed again.”
Canada has carved out its place using rules-based trade under the World Trade Organization and trade deals. Both China and, more recently, the U.S. have decided that the rules don’t apply to them, and Dade says that puts Canada in a no-win situation when it comes to figuring out how we function when squeezed between these two huge economies.
“We don’t have a Plan B for when the rules-based system breaks down,” Dade says, “We need a new Plan A.”
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