Canada watch out
GLOBAL INVESTING HOT SPOTSTrump’s steel and aluminum tariffs could rattle Canada’s economy and NAFTA
Canada's weak economy had GDP growth of 1.7 percent in the fourth quarter, and its stock market is down 5 percent year-to-date.
Canada exports nearly 90 percent of its steel to the U.S., the most of any country.
Canada accounts for 41 percent of America's aluminum imports.
Tariffs could impact the interconnected supply chain of many industries, including autos, and this could hurt NAFTA renegotiation talks.
On Monday Trump signaled he may drop tariffs if a 'fair' NAFTA agreement is signed.
Bryan Borzykowski, special to CNBC.com
Published 4:50 PM ET Fri, 2 March 2018 Updated 11:50 AM ET Mon, 5 March 2018
I am so sure there are so many who will be crying because now they have to share the responsibility of what is called fair trade system.
Comments (46)
Our PM is looking to deal with other countries selling them our steel...............So?
We have to wait and see.
We can go to any doctore, specialist, hospital, get operations, all for 75 dollars a month, for the two of us.
Not bad as this would not be possible in the US.
Only if you had insurance from work or paid into it privatly.
Retired and need a doctor, no worries, it is all paid for
I am not sure either but I agree, Canada is a fine country,.
The health system here is a bit complicated. If you were a retired person like me, you are covered with Medicare A, then if you don't work anymore and have no big asset like income out of investments etc. Then Medical is provided for free. No expense at all.
If you are working and retirable by age, Then automatically, you have Medicare but pay based on your income.
All non working, disabled and are qualified for welfare services gets full coverage at no cost.