Bloomberg Opinion | October 30, 2018
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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