Within a year, the US’s second-largest trading partner has rapidly ramped up efforts to explore new deals with regional powers in Asia, or to revive talks that had been previously put on ice. As of November, the US has imposed a 35% tariff on all goods from Canada that are not covered by the USMCA. Canadian exports of steel and aluminum to the US also face a 50% duty. The northern neighbor has since matched some of Trump’s levies, and Trump has repeatedly threatened to end trade negotiations with Canada. International trade experts in both Canada and the US the pivot is spurred by a lack of progress in negotiations with the Trump administration, which has made tariffs a cornerstone of its policy, and doubt about whether a good deal with the current administration is still possible. Is USA becoming a hostile partner ?
Previous Article
Corruption Reporting Journalist killed in PeruNext Article
Enterprise usage of OpenAI