By Levon Sevunts english rcinet. Marc Busch, professor of International Business Diplomacy at the School of Foreign Service, at Georgetown University, says Canadians should remember that the tariffs on Canadian steel and aluminum, imposed by the Trump administration under the guise of national security concerns, are as unpopular in the U. The federal government unveiled an updated list of U.
Amir Attaran believes Canada should threaten to target U. Instead of engaging in tit-for-tat dollar-for-dollar retaliations against the American Goliath, as Ottawa has done so far, Attaran is suggesting Canada engage in asymmetrical trade warfare and threaten to suspend U.
Any trade retaliation aimed at pharmaceuticals certainly will be felt on Wall Street and heard in the White House. In April, the Trump administration labelled 36 countries as inadequately protecting U. A move by Canada on suspending U. At the same time Busch thinks that the U. There are growing demands for jump-starting the Transatlantic Trade and Investment Partnership TTIP by the European carmakers who are concerned by the disruption of the potential tariffs on the auto industry, Busch said.
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