They get unfettered access to your markets, while putting up barriers to your trade, and use the agreement to pressure you to overturn domestic legislation (regarding food safety, pollution, and even infrastructure financing) to improve the profitability of US businesses.
Canada has a free trade agreement with the US.
Canada banned fuel additive MMT for being toxic. The EU and UK have already banned this substance. A US company that made MMT then sued Canada under the terms of the Free Trade Agreement for $350 million and WON, as this interfered with its access to Canadian markets. Canada then overturned its ban on MMT. If the UK enters a trade agreement with the US, the UK will likely have to also permit this fuel additive.
The US has been arbitrarily interfering with Canadian softwood lumber exports to the US for decades, despite repeated rulings by the WTO in Canada's favour.
The Canadian government has invested heavily in rail transport infrastructure, and has regulations to prevent rail companies from price-gouging during peak periods. As a result, rail transport pricing is affordable and predictable. The US argues that this is an unfair subsidy to the Canadian grain industry, and applies fines and tariffs. As the UK also has a well-developed rail transport network (although lacking in rolling stock), this may also be used as an excuse to apply tariffs on UK products.
Canada is a member of NATO and NORAD, and a US ally. The US declared Canada to be a national security threat, allowing them to apply a 25% tariff to Canadian aluminum. After much struggle, Canada got the tariff waived - and now the US is likely going to apply another 10% tariff on aluminum and 25% on steel.
no subject
They get unfettered access to your markets, while putting up barriers to your trade, and use the agreement to pressure you to overturn domestic legislation (regarding food safety, pollution, and even infrastructure financing) to improve the profitability of US businesses.
Canada has a free trade agreement with the US.
Canada banned fuel additive MMT for being toxic. The EU and UK have already banned this substance. A US company that made MMT then sued Canada under the terms of the Free Trade Agreement for $350 million and WON, as this interfered with its access to Canadian markets. Canada then overturned its ban on MMT. If the UK enters a trade agreement with the US, the UK will likely have to also permit this fuel additive.
The US has been arbitrarily interfering with Canadian softwood lumber exports to the US for decades, despite repeated rulings by the WTO in Canada's favour.
The Canadian government has invested heavily in rail transport infrastructure, and has regulations to prevent rail companies from price-gouging during peak periods. As a result, rail transport pricing is affordable and predictable. The US argues that this is an unfair subsidy to the Canadian grain industry, and applies fines and tariffs. As the UK also has a well-developed rail transport network (although lacking in rolling stock), this may also be used as an excuse to apply tariffs on UK products.
Canada is a member of NATO and NORAD, and a US ally. The US declared Canada to be a national security threat, allowing them to apply a 25% tariff to Canadian aluminum. After much struggle, Canada got the tariff waived - and now the US is likely going to apply another 10% tariff on aluminum and 25% on steel.
https://www.straight.com/news/816116/david-suzuki-canada-trades-away-its-environmental-rights
https://www.globalpolicy.org/component/content/article/212/45381.html
https://www.nytimes.com/2020/06/23/business/economy/usmca-canada-aluminum-tariffs.html
https://www2.gov.bc.ca/gov/content/industry/forestry/competitive-forest-industry/softwood-lumber-trade-with-the-u-s
https://www.wto.org/english/tratop_e/dispu_e/cases_e/ds144_e.htm
https://www.producer.com/2019/11/u-s-raises-red-flag-over-revenue-cap/
https://www.globalpolicy.org/component/content/article/212/45381.html