Trump's Trade War Folly: Why Canada Will Endure The collapse of US Canada trade talks last night was met with a predictable outcome: Donald Trump's tariffs will take effect, and Canada will retaliate.
The story may seem like a rerun of the same old trade war tropes, but scratch beneath the surface, and you'll find a more nuanced reality.
Canada's unique position within the global economy sets it apart from other countries. Unlike many nations that rely heavily on exports, Canada has a relatively small but highly diversified economy.