While Kamala Harris and Donald Trump approach trade differently, both are selling protectionist policies that could cause uncertainty for Canada.
This combination photo shows Democratic presidential nominee Vice President Kamala Harris at a rally in Flint, Mich., Oct. 4, 2024, left, and Republican presidential nominee former President Donald Trump at a campaign rally in Walker, Mich., Sept. 27, 2024.Pierre Trudeau famously described living next to the United States as “sleeping with an elephant,” a sentiment his son is intimately aware of amid this year’s tumultuous and polarized American election.
Meanwhile, Trump’s professed love of tariffs is the centrepiece of his agenda. He previously proposed a 10 per cent across-the-board tariff — pushing it upwards of 50 per cent in recent interviews.The rhetoric rings alarm bells north of the border. More than 77 per cent of Canadian exports go to the U.S and 60 per cent of Canada’s gross-domestic product is derived from trade.
“With Trump in charge he’s definitely a very volatile individual,” said Laura Dawson, an expert on Canada-U. S. relations and the executive director of the Future Borders Coalition.“And his affect global stability and security and international relations with the United States are going to be significant — and not in a good way.”
It’s expected the vice-president will follow the path laid by President Joe Biden, which brought some stability but not much change. He largely kept Trump’s tariffs in place, despite promises to reverse them.Story continues below advertisement Harris has campaigned on returning manufacturing jobs to the U.S. It is a great slogan and bumper sticker, Dawson said, “but it’s terrible if you are Canada.”
Canada will rely more on one-off lobbying and advocacy to get special treatment as both Republicans and Democrats move away from the security of historical trade deals.BIV: Rising cost of Metro Vancouver rent
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