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Wednesday 1 August 2018

James Alexander Michie: The commercial battle intensifies and involves more sectors | CBC News

Author: James Alexander Michie

The commercial battle continues growing and each is intensifying more, in it have been involved and affected several sectors and it is worth noting that Canada does not escape from it.

One of those affected by this battle and all that it entails is one of the Canadian producers of soybeans, Philip Shaw, who of course had no plans to suffer the consequences of a situation of such magnitude, which could be called a global tariff storm that continually grows and similarly expands throughout the world. Likewise, according to Shaw, he really does not know what will happen with all this and supposes that it is something very bad for trade, for soy, in fact, it has been very bad for him.

Meanwhile, the president, Donald Trump, suggests increasing the bet with China, the NAFTA agreement that has qualified as the worst trade agreement in history makes it clear that Canadian exporters like the aforementioned, Philip Shaw, they are suffering, and even if it does not matter what the consequences of their actions may be, Trump is ready to hit Chinese imports with more tariffs.

Take a read: jamesalexandermichie.com/james-alexander-michie-commercial-battle-intensifies-involves-sectors-cbc-news/

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