Justin Trudeau searches in vain for new free-trade partners -

Justin Trudeau searches in vain for new free-trade partners

Credit: economist.com

  • Dec 07 2017 17:00About: 4 days ago
  • 11 views

JUSTIN TRUDEAU, Canada’s prime minister, set off for China on December 2nd amid speculation that the two countries would start free-trade talks. Canada needs new markets because the United States is turning inward. China wants to gain better access to Canada’s commodities and technology and to set a precedent for talks with other G7 countries. Although they have been talking about trade for more than a year, Mr Trudeau will return with no agreement to start negotiations.

Mr Trudeau’s Liberal government has suffered other recent setbacks on trade. At a meeting in Danang, Vietnam, last month, Japan blamed Canada for delaying a new version of the Trans-Pacific Partnership, an agreement from which Donald Trump withdrew the United States. The snag was Canada’s request for protection of its culture. Renegotiation of the North American Free-Trade Agreement (NAFTA) with the United States and Mexico is going badly. For a country whose trade is the equivalent of 64% of GDP, that...Continue reading

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JUSTIN TRUDEAU Canada’s prime minister China December amid speculation that countries would start free-trade talks. Canada needs markets because United States turning inward. wants gain better access commodities technology precedent talks with other countries. Although they have been talking about trade more than year Trudeau will return agreement negotiations.Mr Trudeau’s Liberal government suffered recent setbacks trade. meeting Danang Vietnam last month Japan blamed delaying version Trans-Pacific Partnership from which Donald Trump withdrew States. snag request protection culture. Renegotiation North American Free-Trade Agreement (NAFTA) Mexico going badly. country whose equivalent GDP that...Continue reading

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