For more than 20 years, the North American free-trade agreement has tied the continent’s economy together. Donald Trump promises he’ll change it dramatically. Check back here for the latest news, analysis and opinion on what Canadian and U.S. leaders are doing and what it could mean for you.
Trade: Where we are right now
- Prime Minister Justin Trudeauis preparing to meet U.S. President Donald Trump at the White House next week, under a cloud of uncertainty over the North American free-trade agreement, a proposed U.S. “border adjustment tax” and the trade war that could ensue if the Republican-controlled Congress implements it.
- Canada is prepared to retaliate if the U.S. imposes new tariffs, Foreign Affairs Minister Chrystia Freeland said Wednesday in Washington, where she met with her counterpart, Secretary of State Rex Tillerson.
- If new U.S. tariffs were introduced, as some in Congress are proposing, 58 per cent of Canadians would support a trade war in response, according to a new Nanos poll conducted for The Globe and Mail.
- The poll, conducted between Jan. 26 and Feb. 1, suggested Canadians expect Mr. Trudeau to stand up to U.S. President Donald Trump’s “America first” policies, with 57 per cent saying they were confident he could protect their economic interests when NAFTA is renegotiated.
- Mr. Trump has said he’d like to speed up talks to renegotiate NAFTA or replace it entirely. On Feb. 2, he met with congressional lawmakers urging them to make a new deal happen. “Maybe we do a new NAFTA, and we put an extra ‘f’ in the term ‘NAFTA,” Mr. Trump said. “You know what the extra ‘f’ is for, right? Free and fair trade. … because it’s very unfair.”
More information on The Globe and Mail