Wake up Ottawa! Free trade is dead

The tariffs against Canadian and Mexican exports to the United States are not just another round of trade skirmishes. They may well signal the beginning of the end for Bretton Woods-era multilateralism—the rules-based global trade order that has underpinned international commerce since 1944.

Now that Donald Trump is back in the White House, his administration is doubling down on policies that favour economic nationalism, marking a definitive departure from global trade as we know it. ---More...