Meghan O’Sullivan in Bloomberg: “Some Context for Canadians Who Love or Hate the New Nafta”

Meghan O’Sullivan in Bloomberg: “Some Context for Canadians Who Love or Hate the New Nafta”

Americans are not the only ones still unpacking the new USMCA trade deal that is due to replace Nafta. Two issues have received a great deal of attention in Canada — one which is misunderstood as a great concession by Canada and the other wrongly celebrated as an unequivocal victory. Both deserve a deeper look.

Just recently, Canada’s prime minister and foreign affairs minister, Justin Trudeau and Chrystia Freeland, struggled to explain the significance of a provision that many Canadians have interpreted as a gross infringement of their trade sovereignty. This provision, Section 32, is one outcome of the trade talks that is not what it seems…

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