Tag: USMCA
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Rather No Deal
The August 19 tariff deadline is only two days away, now. Donald Trump has set that day as the day, if no deal is struck, he will add a 50% tariff on $20 billion worth of goods exported by Canada. The goods subject to this tariff would greatly affect the provinces of BC, Ontario and…
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Not Backing Down
Donald, this is Janice Charette. She is the lead negotiator on the USMCA trade negotiations. She has the look of one very determined woman. In fact, she played an influential role in getting Justin Trudeau, when he was Prime Minister, to invoke the emergencies act, during the freedom convoy crisis. So I guess she is…
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Nothingburger
The USMCA was up for an automatic renewal yesterday. The US declined to automatically renew the agreement. Here we are on July 2 and the sky has not fallen and life continues, the way it did on June 30. Donald Trump along with the leaders of Canada and Mexico signed up on the USMCA, back…
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USMCA
The USMCA comes up for review on July 1. It was signed six years ago and is not set to expire until 2036. Canada has $1.3 trillion in trade with the US and 90% of that is covered by the USMCA. Donald Trump is threatening to do away with this agreement. “USMCA did one thing…