American and Chinese flags on crumpled paper, diplomatic crisis

Terrible trade wars erupting

Prime Cuts with Steve Kay

Free trade is the lifeblood of the global economy. From the very first evidence of trading, regions of the world and then individual countries have bought and sold goods from each other. Countries increasingly realized the importance of such agreements, not just for the economic benefits for the countries involved but for the societal benefits […] Read more




(Video screengrab from CBSA-asfc.gc.ca)

Mexico, Canada insist on three-way NAFTA deal

Mexico City | Reuters — Canadian and Mexican officials insisted that the North American Free Trade Agreement remain a trilateral pact on Wednesday and reiterated their opposition to U.S. calls for a so-called “sunset clause” that could end the deal after five years. After a meeting in Mexico City, Canadian Foreign Minister Chrystia Freeland and […] Read more



Italian sausages, cheeses and other traditional foods for sale in Milan’s Piazza del Duomo in December 2016. (Florin1961/iStock/Getty Images)

Italy in no rush to reject EU-Canada trade deal

Brussels | Reuters — Italy is in no hurry to bring the European Union’s free trade agreement with Canada to a parliamentary vote, its farm minister said on Monday, suggesting its opposition to the deal may be easing. Ministers of the eurosceptic 5-Star/League government have said Italy would not ratify CETA (the Comprehensive Economic and […] Read more



(CBSA-asfc.gc.ca)

Trump says ‘getting there’ in NAFTA talks

Washington | Reuters — U.S. President Donald Trump said on Tuesday progress was being made in slow-moving talks to update the NAFTA trade accord between the U.S., Canada and Mexico, but he held out the prospect of striking bilateral pacts if a three-way deal could not be reached. “We’re trying to equalize it. It’s not […] Read more


Almost from day one, President Trump has threatened to pull out of NAFTA if he doesn’t get the deal he wants.

NAFTA brinkmanship fails to meet deadlines

Free Market Reflections with Steve Dittmer

The politicians promised we would know whether or not we were going to have a new NAFTA agreement by early May. Frankly, President Trump had it in his hands. The most important issue (gauged by the time invested in it), auto assembly and auto parts, has been discussed for weeks now, long enough that negotiators must have […] Read more

Italian sausages, cheeses and other traditional foods for sale in Milan’s Piazza del Duomo in December 2016. (Florin1961/iStock/Getty Images)

Italy won’t ratify EU trade deal with Canada, farm minister says

Milan | Reuters — Italy will not ratify the European Union’s free trade agreement with Canada, its new agriculture minister said on Thursday, ratcheting up an international trade spat and potentially scuppering the EU’s biggest accord in years. The Comprehensive Economic and Trade Agreement (CETA) is the first major trade deal the European Union has […] Read more