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Articles on Trade

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Prime Minister Justin Trudeau gives a thumbs up as he arrives on Parliament Hill the morning after an agreement was reached on a new trade deal with Mexico and the U.S. THE CANADIAN PRESS/Justin Tang

NAFTA has been replaced, but at what cost to Canada?

The relief that the U.S. didn’t make things even worse for Canada in the new NAFTA should be tempered by the realization that the moment of reckoning hasn’t passed; it’s only been postponed.
Trump believes the Geneva-based WTO treats the U.S. with disrespect. Martin Good/Shutterstock.com

Why Trump’s wrong about WTO treating US unfairly

The president again threatened to drop out of the World Trade Organization if it doesn’t ‘shape up.’ But a careful review of case filings show the US isn’t treated any differently than its other members.
The national flags of Canada, from left, the U.S. and Mexico, are lit by stage lights before a news conference at the start of North American Free Trade Agreement renegotiations in Washington. But Canada’s status is now unsure after the U.S. and Mexico announced progress on a bilateral deal. AP Photo/Jacquelyn Martin

NAFTA negotiations: Two’s company, three’s a crowd?

An announcement that the United States and Mexico were close to a new trade deal came as a surprise to many. How did Canada become an afterthought during the NAFTA negotiations?
Dominic Raab, secretary of state for existing the European Union and star of Deal or No Deal. PA/Peter Nicholls

No-deal Brexit: experts on what the UK government’s advice means

From trade to medicines, the UK government’s ‘just in case’ planning is revealing.
In this 2015 photo, Ensaf Haidar, wife of the jailed Saudi Arabian blogger Raif Badawi, shows a portrait of her husband in France. The arrest of Badawi’s sister is at the heart of a diplomatic spat between Canada and Saudi Arabia that will significantly affect trade between the two countries. (AP Photo/Christian Lutz)

The major trade implications of the Canada-Saudi Arabia spat

The diplomatic spat between Canada and Saudi Arabia could have serious economic ramifications as well. When diplomatic ties are cut, research shows trade suffers significantly.
In a recent speech, Prime Minister Malcolm Turnbull attempted to reset Australia’s relationship with China, which has become strained in recent months. AAP/EPA/Kanzaburo Fukuhara / POOL

Turnbull pushes the ‘reset’ button with China, but will it be enough?

The prime minister’s China “reset” speech indicates he has yielded to diplomatic advice to separate domestic politics from foreign policy.
Tariffs may help certain industries, but their broader impact on middle- and lower-income consumers is generally harmful. Reuters/Lawrence Bryant

How Trump’s trade war affects working-class Americans

The president says he’s fighting his trade war because a generation of free trade has failed working-class Americans. An economist explains why tariffs will only make things worse.
The U.S. won’t be able to walk all over Putin with unilateral sanctions. Reuters/Sergei Karpukhin

New sanctions on Russia and Iran are unlikely to work. Here’s why

American policymakers and lawmakers are floating unilateral sanctions against Russia, Iran and even Turkey in an effort to change behavior. But research shows sanctions only work in narrow circumstances.

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