Fear of the North American Free Trade Agreement’s death may not be so greatly exaggerated.
U.S. President Donald Trump has repeatedly threatened to terminate the deal long seen as critical to Canadian, American and Mexican economic strength. Some experts believe America’s bargaining positions are anathema to Canada and Mexico, possibly with the clear intent of sabotaging the renegotiation process.
Asked to address the rising threat Wednesday afternoon immediately after meeting with Trump at the White House, Prime Minister Justin Trudeau declared multiple times Canada was “ready for anything.” However, there’s a school of thought that it will be difficult for Canada to be ready for the “huge shock to the economy” that would come the day after NAFTA dies.
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