We’re signing trade deals. Now, we have to use them - News Summed Up

We’re signing trade deals. Now, we have to use them


This week sees the launch of free trade between Canada and its 10 partners in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). U.S. President Donald Trump, Canada’s Prime Minister Justin Trudeau, right, and Mexico’s President Enrique Peña Neto, left, participate in the U.S.-Mexico-Canada Agreement signing ceremony in Buenos Aires. In just one mandate, the Trudeau government has concluded three landmark trade deals: the CPTPP; the Canada-EU Comprehensive Economic and Trade Agreement (CETA) with the European Union, world’s largest economy; and the U.S.-Mexico-Canada Agreement (USMCA). During that same period, EU exports to Canada have jumped almost 14 per cent. And U.S. President Donald Trump’s punitive tariffs on Canadian aluminum and steel [https://www.thestar.com/business/2018/12/18/steel-aluminum-tariffs-impacting-one-third-of-canadian-exporters-poll-says.html], a violation of international trade law, remain in place.


Source: thestar January 02, 2019 21:39 UTC



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