U.S., China are going rogue on trade deal – Globe and Mail Op-Ed
International business breathed a sigh of relief with the signing on Jan. 15 of the U.S.-China Phase 1 trade deal. Markets reacted with typical exuberance, overlooking the fact this is an armistice, not a peace treaty.
But even a short-term downing of arms, if it leads to the two countries moving on to a truly comprehensive trade agreement, is better than a trade war and its global reverberations. We need to see how things unfold.
The deal has been cheered in U.S. President Donald Trump’s tweets and other quarters south of the border because of Chinese undertakings allowing greater American market access with fewer tied conditions, commitments for the benefit of U.S. companies only. Commentaries such as those in The New…
Jon Johnson – Cusma Auto Rules Of Origin, The Protocol And Us Implementing Legislation – Part Two
From: Jon Johnson To: Global Affairs and the Canadian Automotive Industry Date: January 9, 2020 Re: CUSMA Auto Rules of Origin, the Protocol and US Implementing Legislation – Part Two The United States-Mexico-Canada Agreement Implementation Act, the US legislation that will implement CUSMA, sets out extensive provisions respecting the administration of the trade agreement’s rules of origin (ROOs). The […] Jon Johnson – Cusma Auto Rules Of Origin, The Protocol And Us Implementing Legislation – Part One
From: Jon Johnson To: Global Affairs and the Canadian Automotive Industry Date: January 8, 2020 Re: CUSMA Auto Rules of Origin, the Protocol and US Implementing Legislation – Part One CUSMA took two major steps forward in December. First, Canadian, US and Mexican representatives signed a Protocol of Amendment to CUSMA incorporating changes negotiated to secure […] Glen Hodgson – Five Key Issues for 2020
From: Glen Hodgson To: Canadians Concerned about 2020 Date: January 6, 2020 Re: Five Key Issues for 2020 Global growth is being deeply affected by the trade turmoil fomented by Donald Trump and uncertainty abounds, with slower growth in many places and plenty of policy risk. Here are five key issues to watch in 2020. […]Can the global order survive a failing WTO? – Globe and Mail Op-Ed
As of mid-December, the World Trade Organization’s judicial arm has ceased to operate, an ominous forewarning that extends beyond the WTO itself – a sign that the global order, such as it was, is undergoing seismic shifts. The immediate issue may be at the WTO, but the root cause is the global confrontation between the United States and China, extending beyond Geneva with broad geopolitical implications.
The paralysis of the WTO’s dispute settlement system is due to Washington’s refusal to agree on appointments to the Appellate Body – either to reconfirm the appointment of members whose terms have expired or to appoint new members. That body is a vital part of the multilateral system that hears appeals of lower WTO panel…
Trevor Tombe – The Benefits Of Expanding The New West Partnership
From: Trevor Tombe To: Ontarians Date: December 11, 2019 Re: The Benefits of Expanding the New West Partnership Canada will soon celebrate the 25th anniversary of its 1995 Agreement on Internal Trade. Its aim was laudable: to promote an open, efficient and stable domestic market, reduce or eliminate barriers to the movement of persons, goods, services and investment, enhance […] Jon Johnson – Section 232 Auto Threat Expires
From: Jon Johnson To: Canadians Concerned About US Trade Threats Date: November 26, 2019 Re: Section 232 Auto Threat Expires Last week was significant for Canadians concerned about the possibility of US tariffs on imports of automotive goods under Section 232 of the Trade Expansion Act of 1962. Donald Trump chose not to take action […]Trade-related risks need a tough assessment – Globe and Mail Op-Ed
It’s now widely agreed that the global trading order has been shattered, led by aggressive actions under U.S. President Donald Trump’s “America First” policy. With national security as the rallying cry, tariffs have been weaponized, starting with U.S. surcharges on steel and aluminum, and extending into other areas.
Governments, including Canada, responded with countermeasures of their own on U.S. goods, as did many other countries. The spectre of U.S. surcharges on autos and auto parts continues to overhang global markets, along with the threat of additional U.S. tariffs on Chinese products beyond those currently hit and the likelihood of Chinese responding in kind.
Compounding these unilateral developments, the World…
Daniel Schwanen – Ministerial Mandate Letter: Minister Of Trade Diversification
As Canada forms its next government, the Prime Minister’s Office will be preparing ministerial mandate letters. In this special Intelligence Memo series, policy experts highlight key challenges and priorities in each minister’s portfolio. From: Daniel Schwanen To: The incoming Minister of Trade Diversification Date: November 18, 2019 Much of Canada’s prosperity derives from international trade and Canada’s interests […] Daniel Schwanen – Ministerial Mandate Letter: Minister Of Canadian Heritage And Multiculturalism
As Canada forms its next government, the Prime Minister’s Office will be preparing ministerial mandate letters. In this special Intelligence Memo series, policy experts highlight key challenges and priorities in each minister’s portfolio. From: Daniel Schwanen To: The incoming Minister of Canadian Heritage and Multiculturalism Date: November 15, 2019 Cultural activities are central to Canadians’ well-being, prosperity […] Sylvain Charlebois – Ministerial Mandate Letter: Minister Of Agriculture And Food
As Canada forms its next government, the Prime Minister’s Office will be preparing ministerial mandate letters. In this special Intelligence Memo series, policy experts highlight key challenges and priorities in each minister’s portfolio. From: Sylvain Charlebois To: The incoming Minister of Agriculture and Food Date: November 13, 2019 As you embark on your term as […] Lawrence Herman – Keeping Score Of The Us-canada Trade Disputes
From: Lawrence Herman To: Canadians concerned about trade disputes Date: November 11, 2019 Re: Keeping Score of the US-Canada Trade Disputes US investor-state disputes against Canada still loom under NAFTA, with five unresolved claims outstanding and the possibility that more could emerge. In my new C.D. Howe Institute report, I outline the history of trade disputes and show […]