Inside the US-Canada trade battle threatening American production

US decides against renewing USMCA, shifting to rolling talks

WASHINGTON — The United States won’t renew its trade deal with Canada and Mexico, choosing instead to conduct annual reviews of the pact in a decision that risks adding uncertainty for companies producing goods across North America. The U.S.-...

Why Krugman Thinks We Need Chinese Auto Tariffs

As the United States, Canada, and Mexico prepare to renegotiate the USMCA trade deal, one industry sits squarely at the center of the debate: automobiles. Companies like Linamar depend on highly integrated supply chains that send components across borders multiple times before a vehicle is completed. Nobel laureate Paul Krugman argues that competition from China demands some trade barriers, while Council on Foreign Relations expert Shannon O’Neil says the region’s manufacturing strength depends on cross-border production. Supporters of the agreement warn that uncertainty poses the biggest risk to investment, jobs, and the future of a trade relationship that supports over a trillion dollars in annual commerce. (Source: Bloomberg)

Many Canadian manufacturers eyeing U.S. move as trade tensions take a toll: KPMG

A new survey shows trade tensions have some Canadian manufacturers deciding to move production south of the border or delay capital investments. KPMG Canada said on Tuesday that 42 per cent of Canadian manufacturing companies indicated they have or are considering moving production to the United States. Of those considering relocating, 77 per cent expect [] The post Many Canadian manufacturers eyeing U.S. move as trade tensions take a toll: KPMG appeared first on CityNews Montreal.

Why is the US ditching its trade agreement with Mexico and Canada?

The U.S. says it won't renew the trade deal with Mexico and Canada struck under the first Trump administration — although it's got ten years left to run. Elena Casas takes a look at what could be next for North America's $1.6 trillion of annual trade. #usa #trade #mexico #canada

Live updates: US will exit Canada-Mexico trade agreement; Trump visits North Dakota

The United States will not renew the U.S.-Mexico-Canada trade deal brokered during the first Trump administration, U.S. Trade Representative Jamieson Greer said Wednesday. He noted in a statement that it will remain in force pending resolution of these issues or until the Agreement’s termination. President Trump is visiting North Dakota on Wednesday for events marking...