Brian Schatz says the US “absolutely rolled” by China-Canada trade deal, and it’s hard to disagree. The situation, as he lays it out, is a foreign policy fumble with real economic consequences, plain and simple. It’s a classic case of a country shooting itself in the foot, driven by a lack of understanding about the basic rules of international relations. The core principle, as Schatz points out, is loyalty to friends. And the US, by many accounts, wasn’t just disloyal; it was actively hostile. And now, here we are.
For anyone paying attention, this feels like a predictable outcome. The US, with its often erratic and self-serving trade policies, has alienated its allies, creating an environment where Canada, understandably, sought alternative options.… Continue reading
The Shopping Trends team, separate from CTV News journalists, analyzes shopping habits and product recommendations. This team may earn a commission from purchases made through provided links. Their primary function is to provide consumers with curated shopping insights. Further information about the team’s purpose and practices can be found on their dedicated page.
Read More
Ontario’s economic development minister announced the province will challenge a potential 100% U.S. tariff on foreign-produced films, deploying its resources to fight the measure in Washington. This follows U.S. President Trump’s announcement of the tariff, a move that Ontario Premier Doug Ford condemned. The proposed tariff threatens to severely damage Canada’s film industry, potentially eliminating 30,000 jobs and $2.6 billion in economic activity in Toronto alone. Ontario is also pursuing additional measures, including a five percent increase to the Ontario Made Manufacturing Investment Tax Credit, to support businesses against this and other potential economic threats from the U.S.
Read More