Tag: Tariff Wars
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Operation Economic Outcast: The Canada–U.S. Trade War Suddenly Looks Much Bigger
August 2026 may be remembered as the week Washington demonstrated two very different forms of economic warfare at the same time. On August 21, Canada–U.S. trade negotiations collapsed. On August 22, new American tariffs of 50% took effect on C$27.6 billion of Canadian goods. Two days later, on August 24, U.S. Treasury Secretary Scott Bessent…
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USMCA at Risk: What a Non-Renewal Would Mean for Canada’s Economy
When the United States–Mexico–Canada Agreement (USMCA) replaced NAFTA in 2020, Ottawa celebrated the deal as a “modernized” framework that would preserve market access and protect Canadian industries in a rapidly changing global economy. For five years, the agreement has quietly underpinned hundreds of billions in annual trade flows, stabilizing supply chains, anchoring manufacturing footprints, and…
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Opium, Offshore, and Echoes of Empire: A Tale of Two Tariff Wars
In the old days, the British sent their boats full of opium to China. They wanted tea and silk and silver. China wanted none of the poison. The emperor issued edicts. Burn the opium. Close the ports. No more foreign devils ashore. It was a straight-up collision between trade and sovereignty. The British gunboats answered…