75% of Canada's exports go to the US. The #1 priority for Canada, between now and January 20, is to negotiate some kind of settlement with the US - and specifically with Trump - to avoid the threatened tariffs.
The three elements of diplomacy are persuasion, compromise, and threats. I'd suggest that Canada's approach should include all three: pointing out that tariffs on Canadian energy and other exports will hurt US households; more funding for border security, giving Trump a political win; the threat of retaliatory tariffs on US exports, and/or cutting off Canadian exports to the US.
If that fails, then we'll need to expand trade elsewhere, and look for other ways to improve Canada's economic productivity to compensate for the loss of unrestricted access to US markets. I'd suggest listening closely to advice from economists.
Long term Canada must become less dependent on the US economically and militarily. Even if Canada can handle this incident well, there will be more. I know it’s easier said than done, but Canada needs to look more to Europe and Asia as the US becomes an unreliable partner.
75% of Canada's exports go to the US. The #1 priority for Canada, between now and January 20, is to negotiate some kind of settlement with the US - and specifically with Trump - to avoid the threatened tariffs.
The three elements of diplomacy are persuasion, compromise, and threats. I'd suggest that Canada's approach should include all three: pointing out that tariffs on Canadian energy and other exports will hurt US households; more funding for border security, giving Trump a political win; the threat of retaliatory tariffs on US exports, and/or cutting off Canadian exports to the US.
If that fails, then we'll need to expand trade elsewhere, and look for other ways to improve Canada's economic productivity to compensate for the loss of unrestricted access to US markets. I'd suggest listening closely to advice from economists.
https://vancouverkingsway.ca/trade-war
Long term Canada must become less dependent on the US economically and militarily. Even if Canada can handle this incident well, there will be more. I know it’s easier said than done, but Canada needs to look more to Europe and Asia as the US becomes an unreliable partner.