The 25 Percent Tariff Virtual Wall Between Canada and USA is Rising Across The Borders
Moses Solemon
Canadian Businessman ???? Private Investment for Public Projects. PPP for The People/P4
President elect Trump plans to slap Canada with 25% tariffs on all USA imports from Canada. That will build a virtual wall between the two neighbouring countries. How can Canada and USA work that without escalating the national feelings in both countries.
?The following is a proposed plan of action;
?
Trade disputes can be a sensitive issue, especially between close neighbors like Canada and the United States. Building a resolution framework that addresses the core concerns while minimizing nationalistic fervor requires diplomacy, open communication, and practical solutions. Here's how both countries might address such a situation:
?
?1. Focus on Economic Impacts, Not National Sentiments
?? - Public Messaging: Both governments can emphasize the economic benefits of resolving trade disputes rather than framing the issue in terms of "winners" and "losers."
?? - Data-Driven Discussions: Use economic data to highlight how tariffs can harm industries and consumers on both sides of the border, making it clear that a cooperative approach is mutually beneficial.
?
?2. Engage in Diplomacy
?? - Bilateral Talks: Set up high-level trade discussions to address concerns. Canada could seek to understand the motivations behind the tariff and propose solutions to address U.S. concerns, such as adjusting specific regulations or addressing perceived trade imbalances.
?? - Mediation: If direct talks stall, both nations could seek mediation through an impartial international body like the WTO or a trusted third-party ally.
?
?3. Highlight Shared Interests
?? - Integrated Supply Chains: Both countries can highlight the deeply intertwined nature of their economies. Many U.S. industries rely on Canadian imports and vice versa, so tariffs could disrupt these supply chains to the detriment of both.
?? - Cross-Border Relationships: Emphasize success stories of cross-border cooperation in trade, security, and cultural exchange to remind the public of the broader benefits of the relationship.
?
?4. Collaborate on Trade Modernization
?? - Joint Committees: Establish joint trade committees to address specific trade concerns and update outdated agreements.
?? - Sectoral Agreements: Work on agreements in sectors like energy, automotive, and agriculture where both countries are heavily interdependent.
领英推荐
?
?5. Engage Stakeholders
?? - Business Advocacy: Involve businesses that would be directly affected by the tariffs. Their lobbying and public messaging can build pressure for a resolution.
?? - Public Outreach: Use media campaigns to explain the benefits of a strong U.S.-Canada trade relationship, avoiding rhetoric that could stoke nationalist sentiments.
?
?6. Pursue Win-Win Compromises
?? - Temporary Measures: If tariffs are unavoidable, consider temporary measures while working toward a long-term solution.
?? - Exemptions and Revisions: Explore exemptions for critical industries or sectors that would suffer most from tariffs, such as those tied to job creation.
?
?7. Avoid Tit-for-Tat Retaliation
?? - While Canada might feel pressured to retaliate with its own tariffs, focusing on de-escalation and negotiation could prevent an all-out trade war that harms both economies.
?
?8. Leverage Regional and Multilateral Frameworks
?? - USMCA as a Foundation: Use the existing U.S.-Mexico-Canada Agreement (USMCA) as a platform to address grievances and modernize trade provisions.
?? - Collaborate with Allies: Coordinate with other trade partners to build pressure for fair and stable trade practices.
The reality is now that Canada and the United States have much to gain from maintaining a robust economic relationship. Avoiding escalation and working through these measures can help foster cooperation while addressing legitimate concerns on both sides. Maintaining a focus on mutual prosperity, rather than nationalistic rhetoric, is key to finding a sustainable solution.