Close X
Sunday, November 10, 2024
ADVT 
National

US Midterm Results Bring New Sources Of Trade Uncertainty For Canada

Darpan News Desk The Canadian Press, 07 Nov, 2018 12:43 PM
    OTTAWA — Canadians are inspecting the fresh U.S. political landscape following midterm election results that many believe have added fresh trade-related uncertainty. 
     
     
    Experts says the Democrats' majority victory Tuesday in the House of Representatives means the ratification of the recently struck United States-Mexico-Canada deal, known as USMCA, will likely have to wait well into 2019.
     
     
    Trade expert Lawrence Herman says he expects the pact to eventually gain approval — but he warns there's a risk the agreement-in-principle could crumble, especially if Democrats decide the deal's passage isn't politically advantageous for their party.
     
     
    Either way, Herman says Canadian businesses now face new unknowns as they try to make export and investment decisions.
     
     
    Canada will also scrutinize the midterm results for other cross-border impacts, including the fate of the Trump administration's painful tariffs on steel and aluminum imports from north of the border.
     
     
    Unifor president Jerry Dias, whose union represents auto workers, says now that the midterms are over Canadian MPs from all parties must apply more pressure to secure the removal of unjust tariffs he argues were imposed to score political points with the Republican base.

    MORE National ARTICLES

    Opioid Crisis May Be Decreasing Life Expectancy For Canadians: Report

    Opioid Crisis May Be Decreasing Life Expectancy For Canadians: Report
    OTTAWA — Canada's chief public health officer says the opioid crisis is responsible for limiting Canadians' life expectancy.

    Opioid Crisis May Be Decreasing Life Expectancy For Canadians: Report

    'Ridiculously Drunk': Canadian Sorry For Spraying Paint On Ancient Thai Wall

    A Canadian who was arrested in northern Thailand for spraying paint on an ancient wall says she's sorry for what she did and terrified about what comes next.

    'Ridiculously Drunk': Canadian Sorry For Spraying Paint On Ancient Thai Wall

    Abbotsford Police Targeting Identity Thieves With Project: That’s Not You

      In June 2018, the “That’s Not You” project was implemented to combat the use of stolen debit and credit cards.

    Abbotsford Police Targeting Identity Thieves With Project: That’s Not You

    Jagmeet Singh Calls On Feds To Fund Basic Income Pilot Project Scrapped By Ford

    OTTAWA — NDP Leader Jagmeet Singh is calling on the federal government to pick up the tab to continue a basic income pilot project scrapped by Ontario Premier Doug Ford.

    Jagmeet Singh Calls On Feds To Fund Basic Income Pilot Project Scrapped By Ford

    Woman Testifies Ex-Gymnastics Coach Kissed Her On The Lips When She Was 12

    Woman Testifies Ex-Gymnastics Coach Kissed Her On The Lips When She Was 12
    A woman who accused her former gymnastics coach of sexual assault told his trial on Tuesday that the man controlled every aspect of her life when she was training with him as a teenager.

    Woman Testifies Ex-Gymnastics Coach Kissed Her On The Lips When She Was 12

    B.C. Jury Trial Hears Man Charged With Murder Confessing To Killing Girl, 12

    B.C. Jury Trial Hears Man Charged With Murder Confessing To Killing Girl, 12
    VANCOUVER — A man charged with killing a 12-year-old British Columbia girl provided details in a video seen in court, saying he abducted, sexually assaulted and strangled her near Merritt.

    B.C. Jury Trial Hears Man Charged With Murder Confessing To Killing Girl, 12