Carney: Canada Can Afford to Wait on US Trade Deal
Canada’s current position regarding a new trade deal with the United States offers a compelling case study in strategic patience. Prime Minister Carney’s assertion that Canada possesses the leverage to wait for a favorable agreement underscores a broader global shift in economic power dynamics. The US, entangled in its own internal economic vulnerabilities and facing a fragmented international standing, finds itself in a significantly weakened negotiating position.
This isn’t simply about Canada’s internal economic strength; it’s about the interconnectedness of the global economy. The potential for widespread disruptions to supply chains, particularly impacting large US retailers reliant on imports, creates significant pressure.… Continue reading