Worth noting the intent of these headlines. Canada is ruling out a FREE TRADE deal, they are going ahead with the current trade rework deal. The current CUSMA treaty prevents Canada from negotiating a similar treaty with an out of market economy without involving the other treaty members. CUSMA is up for review later this year, and America is unlikely to renew it as they escalate hostility against us. At that point more comprehensive treaties with other trade partners may become more attractive.
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Questy@lemmy.world · 1 pts · 193d
Worth noting the intent of these headlines. Canada is ruling out a FREE TRADE deal, they are going ahead with the current trade rework deal. The current CUSMA treaty prevents Canada from negotiating a similar treaty with an out of market economy without involving the other treaty members. CUSMA is up for review later this year, and America is unlikely to renew it as they escalate hostility against us. At that point more comprehensive treaties with other trade partners may become more attractive.