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UBS On-Air: Paul Donovan Daily Audio 'Trade talk turmoil'
Published 2 months, 3 weeks ago
Description
US President Trump announced trade negotiations with Canada would end. Trump is unhappy with the Province of Ontario’s adverts, directly quoting US President Reagan arguing against tariffs on economic grounds. Previous negotiation breakdowns focused on policy issues, which were more readily resolved. However, only a limited part of US-Canada trade is affected by this, and precedent does suggest an eventual resolution.