EU, China, US will suffer economically from the re-emergence of protectionism

The world’s largest economies, particularly the EU, China, the US, Mexico and Canada, are all projected to suffer economically from the re-emergence of economic protectionism, and a significant increase in trade tariffs. In the case of the EU, the bloc would experience a 1% contraction in GDP, a 0.3% lower rate of employment, and a … Continue reading EU, China, US will suffer economically from the re-emergence of protectionism

NAFTA – Essential for Our Auto Industry: Scotiabank Economics

The North American Free Trade Agreement (NAFTA) has enabled the North American auto industry to become one of the most competitive in the world, allowing it to boost productivity and gain global market share. Under the agreement, the auto industry has developed one of the world's most highly integrated supply chains, with three-quarters of US-made … Continue reading NAFTA – Essential for Our Auto Industry: Scotiabank Economics