Not exact matches
The Conservatives are in a full identity crisis now, and will have to figure out if they want to play tough with the
U.S. and go back to the Sir John A. MacDonald days of a National Policy — essentially copying Trump's Buy American
stance with a Buy Canadian — or if they want to follow the pro-free
trade Mulroney - Harper path, which is more likely but offers less differentiation from the Liberals.
We like selected commodity - producers but are wary of manufacturing countries vulnerable to a tougher
U.S. stance on
trade.
The Trump administration has taken a similar
stance on the North American Free
Trade Agreement (NAFTA), which has governed trade relations between the U.S., Canada and Mexico for more than two dec
Trade Agreement (NAFTA), which has governed
trade relations between the U.S., Canada and Mexico for more than two dec
trade relations between the
U.S., Canada and Mexico for more than two decades.
Approval of Trump's
stance on
trade slipped over the past year throughout the
U.S. Plains as the administration's tariffs on steel and aluminum imports weighed on the agricultural sector.
U.S. Commerce Secretary Wilbur Ross on Friday recommended that Trump impose measures against foreign suppliers of the metals in the name of national security, the latest sign of a tougher
stance on
trade by the administration.
In short, the
U.S. has opened up its
trade borders for years, only to find that China has held a much more restrictive
trade stance.
After a prolonged period of friendly
trade relations between the
U.S. and China, the Trump administration has adopted a much tougher
stance on China's
trade policies.
If President Trump wants to take a strong
stance on
trade to help the
U.S. companies that matter the most, Zandi said, he would concentrate on protecting the intellectual property that the service sector relies on.
For example, if Bitcoin is not a currency, then Bitcoin forwards and Bitcoin swaps that involve the exchange of Bitcoin for another currency will not fall under the statutory definitions of the more lightly regulated foreign exchange forwards or foreign exchange swaps.10 Likewise, retail
trading of Bitcoin derivatives will be limited to designated contract markets, rather than subject to the retail foreign exchange dealer regulations.11 Treating Bitcoin as a commodity that is not a currency dovetails with the
stances taken by other
U.S. regulators such as the Financial Crimes Enforcement Network (FinCEN)(virtual currency does not have all of the attributes of real currency) 12, the Securities and Exchange Commission (Bitcoin investments are investment contracts because Bitcoin is a form of money) 13 and the Internal Revenue Service (treating Bitcoin as property for tax purposes).14
But a tougher
U.S. stance to
trade still looms as a major threat to the global free -
trade regime.
Beijing recognizes that they are more vulnerable to a disruption in
trade flows than their
U.S. counterparts, thus giving them a strong incentive to moderate their
stance.
While Trump's
stance on issues like the Keystone XL pipeline bodes well for the oil and gas industry, the risks posed by a
U.S. - led slump in global
trade would likely far outweigh the increased volumes of crude that would flow across the border into the Gulf of Mexico — especially at today's depressed prices.