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CBS News (September 7)

2018/ 09/ 08 by jd in Global News

“The Trump administration’s trade battles with China, Canada, Mexico and other countries around the world can feel like a bewildering descent into the obscure. But you don’t have to be an expert to grasp that, in the era of globalization, a trade war upends the way countries have operated for decades.”

 

Washington Post (June 8)

2018/ 06/ 10 by jd in Global News

“Trump is waging a trade war in the dumbest way possible.” In the best of times, “trade wars are neither good nor easy to win…. Every side loses, experiencing lost jobs, crippled businesses and higher prices for consumers.” Trumps tariffs are now estimated to result in 16 lost U.S. jobs for every job gained in the aluminum/steel industry: a painful, self-inflicted wound. Moreover, the counterpunches of our trading partners “are likely to draw more blood.” With the “already announced $40 billion worth of retaliatory tariffs on U.S.-made products,” Canada, the EU, Mexico, Russia, India, Japan and Turkey have “fine-tuned the art of minimizing their own pain — and maximizing ours.”

 

Wall Street Journal (June 4)

2018/ 06/ 05 by jd in Global News

Despite the “unanimous concern and disappointment” expressed in a statement by G7 members Canada, France, Germany, Italy, Japan and the UK, ”the Trump administration showed no sign of backing down from restrictive tariffs” or provided any indication “that the administration was wary of inching closer to a trade war.”

 

Washington Examiner (June 1)

2018/ 06/ 02 by jd in Global News

“With President Trump’s incredibly foolhardy decision Thursday to impose tariffs on steel and aluminum from Canada, Mexico, and the European Union, the probability grows of an economic crash this fall.”

 

Toronto Sun (November 27)

2017/ 11/ 29 by jd in Global News

“It’s an odd notion: Canada works with Cuba to get them to work with North Korea to get them, in turn, to work with the United States on cooling their nuclear ambitions. But it’s a worthwhile approach… While there’s not a whole lot Canada can do, it’s good that Trudeau’s serious about at least doing what we can.”

 

Toronto Star (June 26)

2017/ 06/ 28 by jd in Global News

“A deep national revulsion toward President Donald Trump has sent Canadians’ opinions of the United States plummeting to a level of antipathy never before seen.” The decline is particularly steep when compared with “the final year of Democrat Barack Obama’s presidency, when Pew found 65 per cent of Canadians favourably disposed to the U.S.” The figure has dropped to 43 per cent. Equally stunning, “under Obama last year, 83 per cent of Canadians had confidence in the president to do the right thing in world affairs. Under Trump this year, it is a mere 22 per cent.”

 

Bloomberg (February 16)

2017/ 02/ 17 by jd in Global News

“Sleep deprivation is doing more harm in Japan than just making people grumpy and unhealthy. It is also holding back the world’s third-largest economy,” creating an economic drag of nearly $140 billion or roughly 2.9% of GDP. This is a much larger GDP slice than Canada (1.35%), Germany (1.56%), the UK (1.86%) or the U.S. (2.28%) lose to sleep deprivation. Moreover, periodic surveys by the Ministry of Health, Labour and Welfare, show the number of people averaging less than 6 hours of sleep per night has risen by about 10% since 2007 to nearly 40% of Japan’s population.

 

The Economist (January 21)

2017/ 01/ 22 by jd in Global News

“Negotiating free-trade agreements will be harder and more time-consuming than Mrs May suggests.” Reaching a comprehensive deal in two years is unrealistic. “Canada’s free-trade deal with the EU has taken seven years and is not yet in force. For Britain to replicate the EU’s trade deals with 53 third countries will be more testing” and ratification remains “tricky,” requiring approval by every parliament in the EU.”

 

Washington Post (December 12)

2016/ 12/ 14 by jd in Global News

Can Canada, “a nation so multicultural and immigrant-heavy (Canada ties with Germany for the G8’s highest per-capita immigration rate) hope to escape the racial and religious tensions that have consumed Europe and the United States?” While the consensus says yes, there are some concerning rumblings.

 

The Economist (October 29)

2016/ 10/ 30 by jd in Global News

“Irredeemably dull by reputation, less brash and bellicose than America, Canada has long seemed to outsiders to be a citadel of decency, tolerance and good sense.” Especially now, “in this depressing company of wall-builders, door-slammers and drawbridge-raisers, Canada stands out as a heartening exception,” both in terms of immigration and free trade.

 

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