Annoyed with the U.S., Canada Aggressively Seeks New, Reliable Trading Partners
Canada is aggressively courting new trading partners as relations with the United States grow increasingly tense, in a move that could deliver economic consequences for U.S. businesses and consumers.
Canada has an ambitious goal to double its exports to countries beyond the U.S. by 2035, a target that has become more urgent in the face of hefty new tariffs — from both sides — taking effect. President Donald Trump imposed 50 percent levies on a long list of Canadian products this summer and has needled Canadians by suggesting the country should become the 51st U.S. state. There is no precedent for this claim.
"This time, it's more than just feelings being hurt," said Carlo Dade, director of the New North America Initiative at University of Calgary’s School of Public Policy, of Canada's renewed interest in trade diversification. "There's also an appreciation for the permanence of change in the U.S."
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