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Changes to NAFTA are coming. What effect will it have?

What is NAFTA? The North American Free Trade Agreement is a trilateral trade agreement between Canada, the USA, and Mexico. It has facilitated the flow of goods and labour between the participating nations and has contributed to the economic stability of the continent since 1994. The politics surrounding free trade have done a total 180 since NAFTA’s enactment. North American governments have been relatively pro free trade in the la...

What You Need to Know About the New Ocean Carrier Alliances

What is an ocean alliance? Different ocean carriers ally strategically to form mutually beneficial agreements; airlines also organizes themselves in this way. The new ocean alliances refer to updates in these strategic partnerships. Typically, these alliances allow ocean carriers to share their fleet, and grow their shipping range. Chances are, if your business is thinking of shipping internationally, you will likely be shipping with ...

Canada-China Trade Deal: Small First Steps

If Canada were to enter into talks regarding a potential free trade agreement with China, it wants a “progressive” which would include chapters on human rights and labour standards says Canada’s new ambassador to China, John McCallum. Formal talks haven’t started between the two countries but Ottawa has been holding a round of exploratory consultations. “We have to do this with our eyes open,” mentioned McCallum in a recent intervi...

Tough Talk, Big Changes Ahead in NAFTA Talks

It’s well known that President Trump isn’t a big fan of the North American Free Trade Agreement. Renegotiating the agreement – or breaking it – was a key element in Trump’s electoral campaign and now, with the power of the U.S. economy in his hands, the President is now in a position to dictate the agenda. The most recent development is that NAFTA negotiations probably won’t start until late 2017, might last a year and will include se...

Tariffs on Canadian Softwood Would Harm U.S. Workers

'America First' is the ideology behind President Trump's approach to foreign affairs, especially when it comes to trade it seems, but there might be a small backlash to the protectionist ways of the Donald: a leading American voice for free trade has recently admitted that imposing import tariffs on Canadian softwood lumber would end up hurting U.S. workers in the end. Oups. The U.S. National Association of Home Builders is warning that duties...