Fighting a trade war with a man who does’t get it

Date: 15.10.2018 | Blog

https://www.theglobeandmail.com/opinion/editorials/article-globe-editorial-how-to-fight-trumps-trade-war-part-1/

The US/Canada trade agreement is the largest one in the world in terms of value between 2  countries.  “It’s the planet’s best illustration of of mutually beneficial economic interdependence; s true win win;”  It benefits each side in different ways but each side exports roughly the same value of goods and services to the other.  The US is the largest single economy in the world and Canada is the smallest of the G7 group.  Canada is 1/10th size in population whose currency trades at roughly 25% less.  It takes $1.25 can to purchase $1.00 US.

Canada is the largest export market for the US so as a result the best customer the US has.

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