Tougher intellectual property protection in the U.S. may raise difficult negotiating issues for Canada.
barriers to trade
Canadians benefit from getting U.S. and Mexican goods more cheaply.
An estimated 30,000 to 40,000 Canadians work in the U.S. under NAFTA program.
Sluggish private-sector capital investment in the U.S. is bad news for Canada due to the close trade ties between the countries.
Changes may discourage Canadian firms from buying cheaper imports from non-U.S. sources.
China throws up barriers to international competition and assaults foreign investment.
We may see the reintroduction of tariffs across a range of products traded between the U.S. and Canada.
For much of the post-World War II period, the U.S. auto industry had an effective oligopoly on U.S. sales—quality plummeted and prices soared.
Some of Trump’s pledges could increase the competitiveness gap between the U.S. and Canada, particularly on taxes.