The US/Canada Trade Agreement that isn't
Last week the American side announced that a trade agreement with Canada was all but wrapped up. In anticipation of the signing the United States paused implementation of 50% tariffs on non energy or critical mineral goods and services from Canada not covered under the USMCA agreement for three days.
Canada's prime minister, Mark Carney, then announced his refusal to sign and those tariffs are now in effect.
There are three things to notice about all this:
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