The U.S. and Canada have imposed tit-for-tat tariffs following a breakdown in trade talks. The Midwest is particularly vulnerable.

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  • Canada has responded to U.S. tariffs with sweeping duties on products including cheese and steel.
  • The Midwest and Great Lakes are among the most exposed regions, led by Ohio ($2.3 billion) and Illinois ($2.1 billion).
  • Several of the most affected states, including Michigan and Wisconsin, are politically important swing states.

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  • SomethingWentWrong@lemmy.ca
    1·
    5 days ago

    I gave the link to CUSMA. I didn’t think I needed to copy/paste the relevant bits but since you asked, per article 32.10 items 1(a) and 1(b) relates to a “non-market country free trade agreements with which no party has signed a free trade agreement”:

    https://www.international.gc.ca/trade-commerce/trade-agreements-accords-commerciaux/agr-acc/cusma-aceum/text-texte/32.aspx?lang=eng

    Article 32.10: Non-Market Country FTA

    1. For the purposes of this Article:

    non-market country is a country:

    (a) that on the date of signature of this Agreement, a Party has determined to be a non-market economy for purposes of its trade remedy laws; and (b) with which no Party has signed a free trade agreement.

    I don’t think I’m leaving anything out.

    • ILikeBoobies@lemmy.ca
      1·
      5 days ago

      China is a market economy as much as the US is. But it’s still up to the US.

      a Party has determined to be a non-market economy for purposes of its trade remedy laws; and (b) with which no Party has signed a free trade agreement.