Americans Like Trudeau More Than Trump When it Comes to Trade Policy

NAFTA Talks Halted — For Now

The simple reality is that Canada's economy is far more dependent on trade with the US than the other way around.

Still, that did not stop Royal Bank of Canada chief executive David McKay and Honda Canada president Dave Gardner to voice their support for Trudeau standing firm on trade with the U.S. Gardner's use of "highly charged" language like "NAFTA war" in a June 13 Globe and Mail article will command media attention to Honda's concern for jobs and the auto industry, Pickard said.

"If there's self-censorship going on here with Canadian CEOs, it is possible that those with major operations in the USA - perhaps banks, food companies, railways - may have been muted by Trump's intimidation tactics", Bob Pickard, principal with Signal Leadership Communication, said in an interview by email.

In an economic fight with the USA, we would inevitably be bringing a knife to a gunfight.

"We've been very effective as a country in playing as Team Canada in this very critical negotiation", she said.

"That said, this is going to be a massive headache for USA companies doing business in Canada, both from a public relations and consumer relations perspective".

"Companies always benefit from having investment certainty when they're entering into a market".

The lawmaker noted the US economy will see some significant benefits from a new version of NAFTA. Believe it or not, 94 percent of American respondents said they had a favorable view of the Great White North just a few months before the G7 meeting.

Ouch. That certainly puts things in perspective. The Trudeau government refers to it as the "most progressive" deal ever negotiated. "And that's what bad faith Justin Trudeau did with that stunt press conference".

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That's not to say the US could walk away from a trade war unscathed.

Chrystia Freeland, Canada's top NAFTA negotiator, said the dustup between Trump and Trudeau doesn't help the negotiation process.

The poll showed 72 percent of Canadians and 57 percent of Americans approved of the way Trudeau had handled the situation, while 14 percent of Canadians and 37 percent of Americans approved of Trump's behavior.

But "the political blowback from states (including those that voted for him), businesses and Congress could overwhelm (Trump's) administration", Katsoras wrote.

Freeland also took the chance to raise the issue of United States tariffs on steel and aluminum, saying Canada will not escalate but that it will also not back down.

"Going beyond threats would also seriously risk one of Trump's main talking points: the strong performance of the economy and the financial markets under his watch".

The experts have been telling us for years that Canada needs to diversify its trading partners; we can't simply rely on the USA forever.

"F***k you Trump. We just booked a $3,000 vacation to lovely British Columbia". And how much choice do we actually have?

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