U.S. President Donald Trump’s decision not to slap tariffs on Mexico over migration clears the path for the U.S.-Mexico-Canada trade agreement to move forward, said Finance Minister Bill Morneau. The removal of that uncertainty and the U.S. cancellation of steel and aluminum tariffs on Canada have pushed the joint deal toward ratification, he said. Less clear is what’s ahead for world trade, and how any additional tariffs — or threats of them — will impact Canada and the global economy. China impasseARTICLE CONTINUES BELOW“We don’t have a clear step forward right now,” Morneau said of negotiations with China. Beyond trade, Morneau sees a Canadian economy that’s humming along with “really positive indicators,” including strong employment.

Source: thestar June 09, 2019 18:22 UTC