Canada is in a solid position, because of its robust imports of U.S. manufactured goods, to fend off the waves of protectionism now beginning to ripple outward from President Donald Trump’s White House.
The same can’t be said for the follow-on effects of looming U.S. trade actions against China.
It boils down to this: Two superpowers possessed of the world’s largest economies, both nuclear-armed, and one of which is Canada’s immediate neighbour and closest partner, are about to clash — economically and strategically — as never before. Batten the hatches.
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