This article analyzes Donald Trump's trade policies and his criticisms of Canada, arguing that they stem from a mercantilist view of international trade and a belief that Canada is not contributing its fair share to shared security burdens.
The article explores the reasons behind U.S. President-elect Donald Trump 's repeated criticisms of Canada and his protectionist trade policies. It argues that Trump's views on international trade stem from a 19th-century mercantilist perspective, which he believes benefits the United States at the expense of its allies.
While Canadian Prime Minister Justin Trudeau and other Canadian officials continue to advocate for the benefits of free trade, the article contends that they fail to grasp the fundamental shift in U.S. policy. Trump's administration has abandoned the traditional Ricardian economic theory of free trade, arguing that it has undermined U.S. national security interests. Trump believes that Canada, among other allies, has been unfairly benefiting from U.S. defense protection while simultaneously enjoying unfettered access to the lucrative U.S. market. He views this as a form of freeloading and has threatened tariffs on Canadian goods as a way to pressure Canada to increase its defense spending and contribute more to the shared security burden. The article cites recent research that supports Trump's view, arguing that the U.S. dollar's status as the world's reserve currency has been overvalued, harming American manufacturers and benefiting countries that rely on the U.S. for defense. It further suggests that tariffs are a legitimate tool for the U.S. to recoup the costs of providing a global defense umbrella and to ensure that allies contribute fairly to the shared security effort. The article concludes by criticizing Canadian politicians for failing to anticipate this shift in U.S. policy and for their inadequate response to Trump's threats
TRADE WARS CANADA DONALD TRUMP INTERNATIONAL RELATIONS NATIONAL SECURITY U.S. POLICY
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