Winners and losers of the looming trade war between China and the U.S.

April 5, 2018

Few predict Canada will come out ahead, but there may be marginal gains to be had

While few are suggesting the good outweighs the bad in what's looking increasingly like a trade war between the world's two largest economies, that's not to say there won't be any individual winners and losers as the battles unfold.

Here's a look at just a few: ...

Despite some gains on the margins, the general view is that trade wars are pretty much bad for everybody. "It's not a good thing, period," is the blunt assessment from professor Walid Hejazi at the Rotman School of Management in Toronto. 

And he thinks Canada could suffer more than most because of how dependent we are on the U.S. economy. ...

This has been excerpted from the 5 April 2018 edition of CBC News.


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Topic(s): 
World Economy & Politics
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