The U.S. is in the final stretch of the 2020 election with the debate spectacles soon to come. Many Canadians are watching the U.S. election, waiting for it to be over, but also wondering what the future holds for Canada-U.S. relations, regardless of the outcome. So much media attention has been given to what U.S… Read More
Tag: Donald Trump
The first phase of a trade deal between China and the U.S. has been agreed upon by both parties. United States Trade Representative (USTR) Robert Lighthizer says U.S. President Donald Trump has “focused on concluding a Phase One agreement that achieves meaningful, fully-enforceable structural changes and begins rebalancing the U.S.-China trade relationship.” As part of… Read More
On the second day of the G7 meeting being held at Biarritz, France, President Donald Trump announced an in-principle trade deal with Japan.” Both the president of the U.S. and Japan’s Prime Minister Shinzo Abe said this trade deal has been in the works for quite some time. “This is a tremendous deal for the… Read More
U.S. President Donald Trump has decided to increase pressure on China, just as the U.S. trade teams return to home soil this week. The president has announced a 10 per cent tariff on US$300 billion in imports from China effective September 1, a move that will result in essentially all Chinese products — including cell… Read More
American President Donald Trump has authorized the department of agriculture to provide up to US$16 billion in assistance program payouts to American farmers. The announcement comes after President Trump directed Agriculture Secretary Sonny Perdue to create a relief strategy to support its farmers for the long-run as the country continues a trade war with China…. Read More
President Donald Trump is set to increase U.S. tariffs to 25 per cent from the current 10 per cent on roughly $200 billion worth of Chinese imported goods if there’s no trade deal in place by one minute passed midnight, March 2. Although just this week, U.S. Treasury Secretary Steven Mnuchin said he would be… Read More
Why do U.S. farmers support President Donald Trump so much? It’s the most common question I get from the audience following a keynote. At one time, I thought the answer would evolve along with his support based on trade and ethanol policies. I was wrong, and I am totally willing to admit it. Previously, just… Read More
After several months of trade war escalation between the U.S. and China, a temporary truce has been reached, following Saturday’s presidential meeting between between the countries’ leaders. Giving themselves 90 days to negotiate some solutions to over a hundred issues, the U.S. trade team led by U.S. Trade Representative Robert Lighthizer will attempt to force… Read More
As the saying goes, what goes around comes around, and never has that been so true perhaps than with politics and current trade talks. Early in the NAFTA 2.0 negotiations the Team Canada approach was to penetrate the U.S. political system at all levels with its NAFTA lobbying. Whether it was governors, U.S. senators, or… Read More
Tuesday morning began with United States President Donald Trump tweeting about trade and his desire to punish unfair trade partners with tariffs. The U.S. strategy on trade has been to use a big stick with Canada, Mexico, the EU and China. Tariffs are the greatest! Either a country which has treated the United States unfairly… Read More
Canada’s retaliatory tariffs against the United States — worth $16.6 billion — will clearly come at a cost, not only to the American economy, but also the Canadian economy. Despite the likely economic fallout from this trade spat, both sides in this dispute are talking about being disciplined and patient and trying to take a… Read More
Last week we heard House Speaker Paul Ryan (R-WI) lay down a Congressional schedule deadline for a NAFTA 2.0 deal of May 17th. The negotiators did not meet the deadline and in fact, it was ignored like it never existed. Each country is spinning their version of what is left to do to complete this… Read More
As if NAFTA negotiations weren’t complicated enough with trying to figure out what the U.S. administration wants, Mexico’s looming election is adding another layer of political uncertainty. The political threat to a successful renegotiation of the North American Free Trade Agreement is particularly concerning for trade-dependent industries like agriculture, as highlighted by two of the… Read More
After an event that featured congressmen, senators, the U.S. agriculture secretary, Canada’s minister of agriculture, and even the president of the United States, NAFTA renegotiation and the future of agricultural trade between Canada and the U.S. is still in limbo. On Sunday, Canadian Agriculture Minister Lawrence MacAulay addressed the large crowd at the American Farm… Read More
We are at a point in the NAFTA renegotiations where it is easy to be negative. Some insiders and experts believe it is only a matter of time before President Trump withdraws from the agreement. Whether that is to get to a bilateral deal or a better multi-lateral is still up for debate, but the… Read More