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Trade Tensions and Historical Reflections
This chapter explores the recent trade tensions between the U.S., Canada, and Mexico, focusing on the retaliatory tariffs imposed by Canada in response to U.S. actions and their implications for both economies. It also highlights political dynamics in Canada, including Trudeau's coalition and historical insights from Ronald Reagan on free trade. The discussion emphasizes the evolving global economic landscape, particularly the rise of China and the long-term effects of U.S. trade policies.