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Editorial: How Trump's Flip-Floping Hurts Canada #cdnpoli

May 1, 2017

 

U.S. President Donald Trump has been taking tough trade with its northern and southern neighbor for quite some time now.


He seems determined to either scrap NAFTA altogether or renegotiate the 23 year old agreement.


Canada and Mexico are on the same side of the confusion.


Trump has taken a swing at Canadian dairy products and softwood lumber.


The markets do not like uncertainty. These comments are unsettling. 


Trump needs to either pick a position and stick with it, or stop talking about it altogether. There is no wiggle room for our economy.


Canada received a modest positive economic benefit as measured by GDP under NAFTA.


In the year 2008 alone, Canada exports to the United States and Mexico were at $381.3 billion, and imports from NAFTA were at $245.1 billion.
 

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