Trump's Asian trade trade battle could benefit Canada
by Chuck Chiang (feat. Hugh Stephens)
Business in Vancouver
May 3, 2018
Canada may be able to extract advantages from a potential trade war between the United States and China, some observers say.
But they cautioned that, even with some of the benefits Canada can glean from the friction between the U.S. and China – which may be contributing to U.S. President Donald Trump’s wavering stance on the Trans-Pacific Partnership (TPP) as a fallback – the main goal for Ottawa should remain keeping intact the rule-based global trade system, centred around the World Trade Organization (WTO).
One analyst said the best way to do so is for Canada to re-
engage China on a rule-based free-trade agreement (FTA) as soon as possible....