Intensifying trade war could permanently alter Canada-U.S. trade, economist says

The Canadian Press: New tariffs and the increasing unreliability of the U.S. as a trading partner is prompting many Canadian companies to seek out different markets and set up new trade deals, prominent U.S. investment strategist Peter Schiff said in an interview.

“To the extent that over the next few years other relationships are established, they may not be so easily unwound,” said Schiff, chief economist and global strategist at Euro Pacific Asset Management. “It could permanently impact the overall volume of trade.”

Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
×