It has emerged today that on December 20, Canada lodged at the World Trade Organization (WTO) a massive trade complaint against the US.
Even as the NAFTA renegotiation talks drag on, the US has been busy imposing unilateral tariffs on Canadian products, from softwood lumber to newsprint to passenger aircraft. In light of those tariffs, it may be little surprise that Canada feels the need to retaliate, even though the US is certain to ignore any verdict against it that the WTO may care to deliver.
Still, it seems unlikely that Canada would have lodged such a complaint if it saw any real hope that the NAFTA can be saved. Is the game already over?
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