 It's up to Obama to avert trade war Barack Obama, global hero of a new undefined era, will soon have to define what role he will play, as President of the world's greatest trading nation, on the world economic stage. The subject is trade in steel, but it's really about the future of the gloCommentsview comments in forum Page 1 You need to be a member of CKA and be logged into the site, to comment on news. |
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They'll just blame it all on Harper for not standing up to the US.
Well I have always been a protectionist, so in the long run if Canada sees it's manufacturing base return, I think that would be a good thing.
However, if Canada stands alone and continues to promote Free Trade (which there is really no such thing, 100% tarrif Free Trade without the Gov't giving aid to special groups to compete better in a global marketplace) then we may be hurt.
I think the only beneficiary of the so called Free Trade were the huge multinational conglomerates being able to move to countries with cheap labor and still selling to Canadians and Americans, just with a larger profit margin.
While in Canada jobs that paid $28 to $35 an hour in Ontario, (eg. Domtar, CIL) moved overseas and those Canadian jobs replaced by $8 and $12 telemarketing jobs.
The price of paper didn't come down, paint still costs the same??