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Canadian fury with Donald Trump is about more than just trade tariffs

Business Standard LogoBusiness Standard10h ago

Canadian fury with Donald Trump is about more than just trade tariffs - Business Standard

Quick Summary:

Balsillie said that while Canada was busy extolling the virtues of liberalized global trade and trying to expand commodity production, the US was focused on owning intellectual property, controlling data, and changing the rules to make “free trade” less free.

Deals like the US-Mexico-Canada Agreement, which Trump signed in 2020, are less about promoting tariff-free exchange and more about exerting “strategic behavior” that strengthens US dominance.“I read agreements, and I know how Americans work,” Balsillie said.So, Canada has woken up.

Two days later, the countries declared a short-term truce after Trudeau agreed to extra measures to stamp out drug trafficking, Trump’s stated reason for putting tariffs against Canada and Mexico.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-08 @ 07:50:33 (10 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 1949 words

Reading Time: 11 minutes read

Sentences: 75 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 25973069

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 229 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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