Eurasia Review on Nostr: Ottawa’s Path Forward: Are US-Driven Tariffs Undermining Canada’s Economic ...
Ottawa’s Path Forward: Are US-Driven Tariffs Undermining Canada’s Economic Autonomy? – OpEd
==========
Canada imposed 100% tariffs on Chinese electric vehicles and 25% on steel and aluminum; this marks a critical shift in Sino-Canadian relations; Canada historically pursued diversified trade but now mirrors U.S. policy post-USMCA; National Security Advisor Jake Sullivan urged Canada to align with U.S. tariffs; experts warn tariffs could backfire, raising costs and limiting market access; Canada risks losing strategic autonomy and economic resilience; tariffs may hinder climate change efforts by making EVs less affordable; Canada should focus on cultivating strengths in high-tech industries instead of replicating China's EV industry.
#Canada #China #UsTariffs #EconomicPolicy #ElectricVehicles #TradeRelations #NationalSecurity #ClimateChange #IndustrialStrategy #Geopolitics
https://www.eurasiareview.com/24102024-ottawas-path-forward-are-us-driven-tariffs-undermining-canadas-economic-autonomy-oped/
==========
Canada imposed 100% tariffs on Chinese electric vehicles and 25% on steel and aluminum; this marks a critical shift in Sino-Canadian relations; Canada historically pursued diversified trade but now mirrors U.S. policy post-USMCA; National Security Advisor Jake Sullivan urged Canada to align with U.S. tariffs; experts warn tariffs could backfire, raising costs and limiting market access; Canada risks losing strategic autonomy and economic resilience; tariffs may hinder climate change efforts by making EVs less affordable; Canada should focus on cultivating strengths in high-tech industries instead of replicating China's EV industry.
#Canada #China #UsTariffs #EconomicPolicy #ElectricVehicles #TradeRelations #NationalSecurity #ClimateChange #IndustrialStrategy #Geopolitics
https://www.eurasiareview.com/24102024-ottawas-path-forward-are-us-driven-tariffs-undermining-canadas-economic-autonomy-oped/