SignalGeopolitics
CANADA CHIEF TRADE NEGOTIATOR ACCEPTS THAT TARIFF FREE TRADE WILL NEVER EXIST AGAIN , AND MAY GET MUCH WORSE
Canada trade negotiator signals tariff-free trade permanently ending and potentially worsening.
Context
What happened: Canada's chief trade negotiator to the United States, Janice Charette, said at the Toronto Global Forum that tariff free access to the U.S. market is lost permanently, regardless of who is U.S. President.
Why it matters: Charette said tariffs will likely stay because revenue to the U.S. Treasury is too great for any President or Congress to stop. The content also cites a 2025 U.S. Supreme Court decision on tariffs and a six-month U.S. exit notice for USMCA.
What changed
Canada's chief trade negotiator to the United States, Janice Charette, said at the Toronto Global Forum that tariff free access to the U.S. market is lost permanently, regardless of who is U.S. President.
Why it matters
Charette said tariffs will likely stay because revenue to the U.S. Treasury is too great for any President or Congress to stop. The content also cites a 2025 U.S. Supreme Court decision on tariffs and a six-month U.S. exit notice for USMCA.