America’s top trading partners are responding to President Donald Trump’s belligerent and unpredictable trade policies by trying to take their business elsewhere.
Canada broke with the United States Friday, slashing its 100% import tax on Chinese electric vehicles in return for lower tariffs on Canadian farm products, particularly canola seeds.
“It’s a huge declaration of realignment in Canada’s economic relations,” said Edward Alden, who studies trade issues as senior fellow at the Council on Foreign Relations. “The economic threat from the United States is now perceived by Canadians as far bigger than the economic threat from China. So this is a big deal.’’
