On July 1st, the review process of the Canada-United States-Mexico Agreement (CUSMA) will begin.
Published yesterday at 23:00 by Yan Cimon, Erick Duchesne, Richard Ouellet, and Jean-Michel Marcoux from the School of International Studies at Laval University, the article discusses how despite Canada’s exemption from tariffs on many products under the CUSMA rules, recent U.S. actions have shown a shift towards viewing Canada as a strategic rival, leading to predatory practices in certain sectors. This situation highlights the need for a transformation in Canada’s foreign economic policy.
The article emphasizes the importance of adapting to the changing environment where the U.S. remains a central partner, while also exploring opportunities in other regions around the world. It suggests a strategic approach to diversifying partnerships and highlights the need for a cultural shift in Canadian business practices to ensure long-term success in global markets.
In conclusion, the article stresses the necessity for Canada to act boldly and adapt to the evolving global landscape to thrive in the face of new challenges and opportunities.
