Canada Dealing 'With More Protectionist U.S.'

The video discusses the increasing protectionist stance of the United States, driven by public sentiment against free trade due to economic issues like wage stagnation and income inequality. This shift is expected to impact Canada, which may face collateral damage despite not being directly targeted. The video also highlights Canada's reliance on global markets and the challenges in forming trade agreements, particularly with China and within the Trans-Pacific Partnership (TPP).

What are some reasons for the US's shift towards protectionism?

• Increased global cooperation

• Manufacturing closures and wage stagnation

• Rising employment rates

• Decreased income inequality

How might Canada's trade relationship with the US be affected by US protectionism?

• Canada will be directly targeted

• Canada will remain unaffected

• Canada will benefit from US policies

• Canada might suffer as collateral damage

What strategy should the Canadian government adopt in response to US protectionism?

• Ignore US policies

• Adopt similar protectionist measures

• Focus on domestic markets only

• Advocate for its interests in global trade

Why is forming a trade deal with China considered challenging?

• China's economy is too small

• There is no interest from China

• It is difficult due to existing US policies

• China has already formed a deal with the US

What is one of the difficulties mentioned in passing the Trans-Pacific Partnership (TPP)?

• Lack of interest from member countries

• No economic benefits for Canada

• US's protectionist stance

• Overwhelming support from the US