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The Globe and Mail·4 min read·medium

Don’t worry, Canada. The trade war will end, and end quickly

F
Fen Osler Hampson, Tim Sargent
Don’t worry, Canada. The trade war will end, and end quickly
AI Summary

Academic experts argue that the current U.S.-Canada trade tensions are likely to resolve soon due to domestic economic pressures in the U.S. They suggest that historical patterns of trade wars show that economic losses eventually force leaders back to the negotiating table.

Why it matters

Provides a geopolitical perspective on the stability of North American trade relations amidst protectionist economic policies.

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The tide is turning in Canada’s favour as U.S. residents feel the direct brunt of Mr. Trump’s tariffs and erratic economic policies in the form of stubbornly high prices and sluggish job and growth numbers. Dax Melmer/The Canadian Press

Fen Osler Hampson is Chancellor’s Professor at Carleton University and co-chair of the Expert Group on Canada-U.S. Relations.

Tim Sargent is director of economic growth and prosperity at the University of Calgary’s School of Public Policy and former deputy minister of international trade.

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