4 ms·
I think that Canada has to de-leverage trade with the US is what the take away should be. Not that this trade deal itself is going to change all the balances -
by boringg 9mo ago
I think that Canada has to de-leverage trade with the US is what the take away should be. Not that this trade deal itself is going to change all the balances -- its that there are other players who can start to trade - reducing dependence on the US. The compounding effects are damaging as are switching costs.