CUSMA generates benefits for U.S. at expense of Canada, Mexico: C.D. Howe Institute
The Canada-United States-Mexico Agreement (CUSMA) will help the Trump administration fulfill some of its economic objectives, but stands to shrink GDP and lower economic welfare throughout the North American region, according to a new report from the C.D. Howe Institute. In “Quantifying CUSMA: The Economic Consequences of the New North American Trade Regime” authors Dan […] Lawrence Herman – Two Initiatives for Troubled Times
From: Lawrence Herman To: Canadian business and federal military planners Date: July 19, 2019 Re: Two Initiatives for Troubled Times Canada is not quite alone in the world these days, even if it sometimes seems that way, but the international environment is increasingly unfriendly and even hostile. The ascendency of nationalism and populism around the globe, led by the […]Canada needs to back up its ideals with real power. Here are two ways it can do that – National Post Op-Ed
Canada is not quite alone in the world these days, even if it sometimes seems that way, but the international environment is increasingly unfriendly and even hostile. The ascendency of nationalism and populism around the globe, led by the Trump White House, has shaken the established order. Our all-important relationship with the U.S. has been badly frayed. After a brief sunny period under Barack Obama, Donald Trump’s shambling White House and his transactional approach have shaken the long-held conviction that, though disagreements will always arise, the two countries would remain allied with basically shared ideals. Yet even after the signing of Trump’s new NAFTA, the situation is shaky and unpredictable.
We’ve entered a dark…
S1 E9 – Auto-Motives
In this episode, Michael Hainsworth sits down with auto industry veteran Dennis DesRosiers and Jon Johnson, former advisor to the Canadian government during the NAFTA negotiations, to take a deep dive into the murky rules of origin for autos laid out in the new Canada-United States-Mexico Agreement and the challenges they pose for the industry. […] Jon Johnson – The Auto Industry’s Cusma Challenge
From: Jon Johnson To: Canadian trade negotiators Date: July 5, 2019 Re: The Auto Industry’s CUSMA Challenge In the negotiations for a new NAFTA, the US side targeted the North American auto industry for major change. It argued that NAFTA rules of origin, which set the requirements for duty-free treatment, permitted too much non-North American content in automobiles. […] Dan Ciuriak – Method to the Madness?
From: Dan Ciuriak To: Canadians Concerned about US trade policy Date: July 4, 2019 Re: Method to the Madness? The Trump administration has pursued a sharply different – and for its partners unsettling – trade policy from that followed by the United States in the postwar period. Much attention has been focussed on the often contradictory, often theoretically unfounded, […]Bumper to Bumper: Will the CUSMA Rules of Origin Make America’s Auto Industry Great Again?
The new Canada-United States-Mexico Agreement (CUSMA) sets out rules of origin for auto products that need greater clarity to provide certainty for the businesses who must apply them, states a new report from the C.D. Howe Institute. In “Bumper to Bumper: Will the CUSMA Rules of Origin Make America’s Auto Industry Great Again?” Jon R. […] Jon Johnson on BNN – New NAFTA auto rules need greater clarity
Jon Johnson, senior fellow at the C.D. Howe Institute and former advisor to the Canadian government during the NAFTA negotiations, joins BNN Bloomberg to discuss the more complex rules surrounding auto products in the new NAFTA trade deal. He says applying these rules will require major adjustments in supply chains.
From NAFTA to USMCA and the Evolution of US Trade Policy
The Trump administration has pursued a sharply different – and for its trade partners unsettling – trade policy from that followed by all previous American administrations in the postwar period. While much attention has been focused on the oftentimes contradictory, oftentimes theoretically unfounded, and oftentimes undiplomatically aggressive manner in which that policy has been implemented, […] Jon Johnson – The Steel And Aluminum Tariffs Have Ended, But It’s Not That Simple
From: Jon Johnson To: Canadians Concerned About Canada/US Trade Date: May 23, 2019 Re: The Steel and Aluminum Tariffs Have Ended, But it’s Not That Simple Last week’s Canada and US joint statement announcing the end of US tariffs on steel and aluminum under Section 232 of the Trade Enhancement Act of 1962 is a […] Branching Out: How Canada’s Forestry Products Sector is Reshaping its Future
May 14, 2019 – Canada’s forest products industry is facing barriers to growth that require innovation, new trade markets and supportive government policies to overcome, according to a new report from the C.D. Howe Institute. In Branching Out: How Canada’s Forestry Products Sector is Reshaping its Future, author Eric Miller examines how the sector is […] Canada must use its trade weapons to respond to China now – Globe and Mail Op-Ed
Other than Donald Trump, no one likes trade wars. And to Canada’s credit, this country has never advocated that kind of policy, supporting instead the attributes of open markets and the rules of the world trading order created in the early post-Second World War days, staunchly foreswearing protectionism and the unilateral action that the Trump White House relishes.
But like it or not, we’re four-square in a trade war with China. Canadians should wake up to that fact and put aside our typical naïveté in the hope that things can be worked out with patience and good faith. Good faith has to work both ways – and there’s little evidence of that from the Chinese side. This means the Trudeau government needs to take a tough response to…