Tariffs and fear of protectionism are negatively impacting exporters, but USMCA has improved business sentiment.
Global growth was already slated to slip to 3.5% next year from 3.7%.
Trump said he planned to give formal notice of his intentions to withdraw from NAFTA, to force US Congress into ratifying new deal.
Trump dug in his heels on climate change and language referencing protectionism.
Not much progress so far as China rejects Canadian progressive measures.
Covers a third of the global economy and markets of more than 600 million people.
Most exporters are small with few resources for capacity building or market expansion.
Trudeau praised for “excellent preparation and chairing of this challenging summit.”
…But they’re a very expensive way to retain jobs
Key to reducing the grumbling around globalism is ensuring trade rules and policies spread out the benefits.
PLANT Manufacturers’ Outlook 2018 study shows they’re expecting business to be good, will invest in growth.
The War That Ended Peace serves up a bleak historical lesson about the big anti-globalization backlash of the last century.
Looking for major changes in what he calls a “lopsided’ trade relationship.
Risks burdening consumers and companies as interest rates rise.
Will advocate for Ontario to receive an exemption from the policy before it comes into effect.